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Read More »Estee Lauder CEO Freda says ‘sorry’ for deception over testing
Bloomberg Estee Lauder Cos. Chief Executive Officer Fabrizio Freda apologized for false ad claims on certain cosmetics and said a comprehensive review is under way. “We recently learned that some testing related to certain products advertising claims had been intentionally altered for some time by a small group of employees,†Freda said on a conference call with analysts. “This clearly …
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