Estee Lauder CFO on Expansion

The transcript discusses the impact of the pandemic on global markets, highlighting regional differences in recovery. It covers expectations for makeup sales, pricing strategies in response to inflation, and supply chain challenges. The company is expanding capacity in key markets like China and Japan, while also rationalizing its store distribution to focus on online growth.

What are the expected trends in makeup sales as social occasions resume?

In which markets is the company expanding its manufacturing capabilities?

What is the anticipated impact of store closures on the company's distribution strategy?