Estée Lauder is keeping up with young consumers, with quarterly sales rising 17% in December. While many established beauty brands are struggling to appeal to young shoppers, Estée Lauder has aged with grace. The high-end products of their namesake brands are being bought by rule-breaking Chinese Millennials, while the purchase of popular indie brands Too Faced and Becca has kept their portfolio fresh. They’re forecasting a sales jump of 13.5% for the current year compared to 5% for the industry as a whole. (Fortune)
