Estée Lauder has reported a drop in sales as it widens job cuts

Estee Lauder store

Source: GettyImages/iStock Editorial/Getty Images Plus/Robert Way

Estée Lauder Companies has reported a decline in second quarter sales as it announces more job cuts.

The beauty retailer consisting of Estée Lauder, Jo Malone, Clinique, and more, saw sales drop 6% to $4bn £3.2bn. 

 

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