Paul Slavin, managing director of Estee Lauder Malaysia comes on the Breakfast to give an update on the environment of the cosmetics business.

Founded in 1974, Estee Lauder is one of the most recognisable brands in the beauty business, and is the fourth largest in the world in terms of revenue.

Its listed parent just reported its FY14 earnings pulling in USD10.97 billion in sales backed by its portfolio comprising 28 brands with name such Estee Lauder, La Mer and Clinique. The company is also well known campaigner for breast cancer research.

We ask him about how Estee Lauder navigates the tough retail market, new competition, and whether its CSR is simply good PR.

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