Makeup giants, Estee Lauder and Elizabeth Arden have over achieved in terms of predicted profits.
Their sales have jumped overseas as parts of the American cosmetics market are still under pressure.
Estee Lauder, manufacturer of Clinique and M.A.C. have increased in all categories and regions.
This growth has been led by international business, especially shops in airports as well as countries like Russia and China.
Skin care is a line the two companies have added to their makeup range are investing in international growth because American women are still unwilling to spend a lot on themselves.
Makeup Giants Fare Well Overseas
Thu, 10 Feb 2011
