JaguarConsumer Weekly Callouts – July 9 (EL, OXM, WW)

Estee Lauder (EL) is one of the most debated stocks in the Beauty category right now and JPMorgan recently provided updates via read-throughs from two of their international analysts.

To begin, their China consumer team led by Kevin Yin covers several consumer names, and under his team George Hsu and Cecilia Tan have direct coverage of the China Tourism Group – CTG (largest Asian travel operator with strong presence in China including HK, Macau and Hainan). Based on their channel checks, after the weak Labor Da