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Estee Lauder has selected WPP to manage its global media operations as part of the newly launched One ELC initiative. This strategic move aims to consolidate media buying and strategy to eliminate redundancies across its extensive brand portfolio. By centralizing these operations, the company expects to accelerate resource reallocation and significantly improve its marketing return on investment (ROI). The shift is a key component of Estee Lauder's broader Profit Recovery and Growth Plan (PRGP) designed to restore operating margins. While the restructuring is underway, the company anticipates that the resulting cost savings will build progressively through fiscal year 2027. This partnership underscores Estee Lauder's commitment to streamlining its business model to drive long-term sustainable growth.
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