Estee Lauder 2014 Annual Report Download - page 17

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15
One of our greatest attributes is the multiple
engines of growth that drive our performance.
Many parts of our Company contributed
to our success in fiscal 2014, highlighted by
some standout categories, brands, products
and distribution channels. Makeup and
luxury fragrances were especially strong.
Emerging markets, such as China and Brazil,
also contributed, as did important heritage
markets, like the United States and the
United Kingdom. We had strong growth in
e-commerce, m-commerce and Travel Retail,
and our continued focus on creativity and
innovation resulted in successful new products
and reformulations across our brand portfolio.
OUR MANY
ENGINES OF
GROWTH