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Management attributed the return to 3% organic sales growth to the 'Beauty Reimagined' strategy, which shifted the company toward a faster, more agile, and consumer-centric operating model.
Operating margin expansion of 320 basis points was driven by the Profit Recovery and Growth Plan (PRGP), which successfully streamlined fixed costs and reduced organizational layers to increase accountability.
Growth was highly diversified across the portfolio, with Jo Malone London and TOM FORD joining the billion-dollar brand club alongside established leaders like La Mer and Clinique.
The company successfully stabilized its Makeup segment, improving organic sales trends by 500 basis points through targeted innovation in lip franchises and expansion into high-growth social commerce channels.
#basis
Management attributed the return to 3% organic sales growth to the 'Beauty Reimagined' strategy, which shifted the company toward a faster, more agile, and consumer-centric operating model.
Operating margin expansion of 320 basis points was driven by the Profit Recovery and Growth Plan (PRGP), which successfully streamlined fixed costs and reduced organizational layers to increase accountability.
Growth was highly diversified across the portfolio, with Jo Malone London and TOM FORD joining the billion-dollar brand club alongside established leaders like La Mer and Clinique.
The company successfully stabilized its Makeup segment, improving organic sales trends by 500 basis points through targeted innovation in lip franchises and expansion into high-growth social commerce channels.
#basis
3 months ago
