Vi e w p o i n t | 17 Jul 2026 05:00:00 ET │ 42 pages Estee Lauder Inc (EL.N) China Industry Checks & Cosmetics Survey Results for EL CITI'S TAKE Survey Takeaways — We polled 3,000 consumers to better understand dynamics impacting beauty purchasing behavior. Overall, industry demand remains resilient, but consumption is bifurcated: high-spending, top-tier consumers are trading up, but younger & lower-tier demographics are price sensitive. Competitively, foreign brands are discounting to expand while domesti ...