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  • Oct 1, 2024 | thefuturelaboratory.com | Ozge Sargin

    At theFT Business of Luxury Summit 2024, Stéphane de La Faverie, executive group president of The Estée Lauder Companies, discussed the evolution of the luxury industry from a pyramid structure to an hourglass model. He said: ‘Luxury is experiencing tremendous growth, especially at the base of the pyramid.

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