Facts at a Glance
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Headquarters: |
767 Fifth Avenue, New York, NY 10153
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Company Profile: | One of the world’s leading manufacturers and marketers of quality skin care, makeup, fragrance and hair care products. The Company’s products are sold in over 135 countries and territories. For fiscal year 2007, net sales were $7.0 billion and net earnings from continuing operations were $449 million. |
Mission: | Bringing the Best to Everyone We Touch
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Brand names: | Estée Lauder, Aramis, Clinique, Prescriptives, Lab Series Skincare for Men, Origins, Tommy Hilfiger Toiletries, M·A·C, Kiton, La Mer, Bobbi Brown, Donna Karan Cosmetics, Aveda, Jo Malone, Bumble and bumble, Michael Kors Beauty, Darphin, American Beauty, Flirt!, good skin, Grassroots, Sean John Fragrances, Missoni Profumi, Daisy Fuentes, Tom Ford Beauty, Mustang, Coach and Ojon.
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| Employees: | Approximately 28,500 full-time employees worldwide.
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Products: | Skin care: Moisturizers, creams, lotions, cleansers, sun screens and self-tanning products Makeup: Lipsticks, lip glosses, mascaras, foundations, blushes, eye shadows, nail polishes and powders. Also compacts, brushes and other makeup tools Fragrance: Eau de parfum sprays, colognes, lotions, powders, creams and soaps based on particular fragrances. Also bath and aromatherapy products Hair care: Shampoos, conditioners, styling gels and cremes, hair coloring products and hairsprays |
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History: | The Company was founded in 1946 by Mrs. Estée Lauder. The flagship brand, Estée Lauder, was launched with four products: Super Rich All Purpose Creme, Creme Pack, Cleansing Oil and Skin Lotion. Five additional brands were developed internally: Aramis, a line of prestige fragrance and grooming products for men, was launched in 1964. Clinique, the first dermatologist-guided, allergy-tested, fragrance-free cosmetics brand, followed in 1968. Prescriptives, a color authority with an advanced collection of highly individualized products, was founded in 1979. Lab Series Skincare for Men, specializing in men's treatment, debuted in 1987. Origins, a plant-based line of skin care, makeup, bath/body and sensory therapy products, was introduced in 1990. In 1993, the Company signed a global licensing agreement with designer Tommy Hilfiger. In 1994, the Company acquired a majority interest in M·A·C. (The acquisition was completed in 1998.) In 1995, the Company acquired a second makeup artist line, Bobbi Brown essentials. It acquired the luxury skin care brand La Mer. It signed a global licensing agreement with Kiton, an Italian fashion house for beauty products. In 1997, the Company signed a licensing agreement with American fashion designer Donna Karan. It acquired Aveda, a leader in the prestige hair care industry. It acquired jane, a makeup brand. (jane was sold in 2004.) In 1998, the Company began to sell certain products over the Internet. In 1999, The Estée Lauder Companies created a new division, ELC Online, to manage online strategies and activities for all brands. |
History (continued): |
It acquired Stila Cosmetics. (Stila was sold in 2006.) It signed a license agreement with handbag designer Kate Spade LLC to develop beauty products. (kate spade beauty was discontinued in June 2005.) In 2000, the Company acquired a majority equity interest in Bumble and bumble LLC, an upscale hair salon and developer, marketer and distributor of quality hair care products. (The purchase was completed in 2006.) It also acquired gloss.com, an e-commerce beauty website. Chanel and Clarins subsequently acquired minority interests. (Gloss.com was shut down in 2007.) It acquired Rodan + Fields, a dermatologist-created skin care line. (Rodan + Fields was sold in 2007.) It signed a licensing agreement with Michael Kors, an American fashion designer, for beauty products. In 2004, the Company's BeautyBank division launched three brands: American Beauty, Flirt! and good skin, sold exclusively in Kohl's department stores. The Company signed an agreement with real estate mogul Donald J. Trump for Donald Trump, The Fragrance. (Donald Trump, The Fragrance was discontinued in 2007.) In 2005, the Company signed a license with the Italian design house Missoni. It signed a license with designer Tom Ford to develop fragrances. BeautyBank launched grassroots. In 2006, BeautyBank introduced Daisy Fuentes. It signed an agreement with Coach to develop fragrance and related products. In 2007, the Company acquired Ojon Corporation, a Canadian prestige hair care company that makes products derived from the Ojon tree in Central America. The Company signed a global licensing agreement with Ford Motor Company to develop Mustang, a fragrance for men. |
Research and Development: | Melville, New York; Blaine, Minnesota; Oevel, Belgium; Tokyo, Japan; Ontario, Canada; Shanghai, China; Colombes, France. |
Manufacturing: | United States, Belgium, Switzerland, the United Kingdom, Canada and France |
Ownership: | A majority of stock is owned by members of the Lauder family. The Company has been public since November 1995. |
Common Stock Information: | The Class A Common Stock of the Company is listed on the New York Stock Exchange under the symbol EL. |
Corporate Website: |
Certain Officers: |
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Contact Information: | Global Communications: (212) 572-4430 |
