Estee lauder - continue to assume there could be softening of china market in future

Estee lauder exec - disruptions in hong kong affected commerce in that area - conf call.estee lauder companies inc exec - continued uncertainty about brexit impacted consumer spending in the u.k.estee lauder exec - deceleration in color cosmetics has been driven by anglo markets, but growth is still healthy in other geographies.estee lauder companies inc exec - our sales in hong kong declined 20% in the quarter and we have not seen a sign of improvement to date.estee lauder exec - mobile commerce accounted for more than half of our e-commerce sales.estee lauder exec - recent declines in color cosmetics in u.s. are due to trends changes and popularity of more natural appearance.estee lauder exec - north america business in total had a softer market than expected.estee lauder exec - in china, lot of growth is coming not only for tier 1 and 2 cities but also for tier 4 and tier 4 cities.estee lauder exec - always in market for right strategic acquisitions that will represent white-space opportunity for us and sales and profit growth.estee lauder exec - we continue to assume that there could be a softening of the china market in the future.
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