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Estée Lauder Companies Inc. is reportedly reviewing its portfolio of beauty brands as part of a strategic transition under new leadership. The review aims to enhance the company's performance and boost its share price. The cosmetics giant is working with Evercore on this portfolio assessment, which comes at a time of management change. No immediate sales are expected from this review, indicating a focus on long-term strategic adjustments rather than short-term divestitures.
$EL 'Estée Lauder Reviews Brands Amid Management Change; Beauty Group Is Working With Evercore On Portfolio Review; Estée Lauder Looking To Improve Performance Under New CEO' https://t.co/FX2n21gyRT
RECAP 1/27 Chatter: $WBA - Sycamore Deal mostly dead - Faber $EL + Reviews Portfolio of Brands RECAP 1/27 -Neg Comments: $ALLK - Piper Sandler $COCO - Stephens $LGTY - B Riley Live Breaking trading news https://t.co/yChRCoboY3
$EL Estée Lauder is said to review portfolio of brands
