Fact Sheet FY 2013

The Est\u00E9e Lauder Companies

Contact Info

Fact Sheet FY 2013

The Estée Lauder Companies Overview

The Estée Lauder Companies Inc. is 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 150 countries and territories under the following brand names: Estée Lauder, Aramis, Clinique, Prescriptives, Lab Series, Origins, M•A•C, Bobbi Brown, Tommy Hilfiger, Kiton, La Mer, Donna Karan, Aveda, Jo Malone, Bumble and bumble, Darphin, Michael Kors, American Beauty, Flirt!, GoodSkin™ Labs, Grassroots™ Research Labs, Tom Ford, Coach, Ojon, Smashbox, Ermenegildo Zegna and AERIN Beauty, Marni, Osiao, and Tory Burch. For fiscal 2013, net sales were $10.18 billion and net earnings were $1.02 billion.
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Mission

Bringing the Best to Everyone We Touch and Being the Best in Everything We Do

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Vision

The global leader in prestige beauty: a well-diversified, brand-building powerhouse of unrivaled creativity and innovation.

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Headquarters

767 Fifth Avenue, New York, NY, 10153, (212) 572-4200

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At a Glance

  • Employees Approximately 40,200 full-time employees worldwide at June 30, 2013.
  • Research and Development Approximately 500 employees in 5 principal facilities at June 30, 2013: Melville, New York; Blaine, Minnesota; Oevel, Belgium; Ontario, Canada; Shanghai, China
  • Manufacturing Approximately 12 factories in 5 countries: United States, Belgium, Switzerland, the United Kingdom, and Canada.
  • Business Offices Wholly owned or majority-owned and operated offices in over 40 countries and territories.

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Products

  • Skin Care Moisturizers, creams, lotions, serums, cleansers, sun screens and self-tanning products
  • Makeup Lipsticks, lip glosses, mascaras, foundations, eyeshadows, 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 finishing sprays

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Stock Ticker

NYSE: Oct 20 2014 1:38PM$72.69 0.71 +0.51

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Distribution

The Company sells its products principally through limited distribution channels to compliment the images associated with its brands. These channels consist primarily of upscale department stores, specialty retailers, upscale perfumeries and pharmacies, prestige hair salons and spas, freestanding company stores, direct response television, stores on cruise ships, in-flight, duty-free shops in airports and cities, and the Internet.

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Ownership

Members of the Lauder family beneficially own, directly or indirectly, shares of Class A Common Stock

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Common Stock Information

The Class A Common Stock of the Company is listed on the New York Stock Exchange under the symbol EL.

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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.
 
Over time, 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 followed in 1994 by acquiring a majority interest in M·A·C. (the acquisition was completed in 1998).
 
In 1995, the year The Estée Lauder Companies went public, the Company acquired a second makeup artist line, Bobbi Brown essentials, followed by the acquisition of luxury skin care brand La Mer and the signing of 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, acquired Aveda, a leader in the prestige hair care industry, and 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. Also in 1999, the Company acquired Jo Malone, a London-based marketer of prestige skin care and fragrance products, and Stila Cosmetics (Stila was sold in 2006). It signed a licensing 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).
 
In 2003, the Company acquired Laboratories Darphin, a Paris-based prestige skin care company, as well as 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 four brands—American Beauty, Flirt!, and good skin, sold exclusively in Kohl’s department stores. In the same year, the Company also signed a licensing agreement with Sean John, the fashion house led by Sean "Diddy" Combs in 2004 and 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 and with designer Tom Ford to develop fragrances.
 
In 2006, BeautyBank introduced Daisy Fuentes and signed an agreement with Coach to develop fragrance and related products.
 
In 2007, the Company acquired Ojon Corporation, a Canadian prestige hair care and skincare company that markets naturally-derived, wild-crafted hair and skin care products using ingredients found in the world's rainforests.The Company signed a global licensing agreement with Ford Motor Company to develop Mustang, a fragrance for men, also in 2007 (Mustang was discontinued in 2010). In this same year, BeautyBank launched GoodSkin™ Labs, a targeted, anti-aging skin care brand that delivers visible, measurable results both instantly and long term.
 
In 2008, BeautyBank introduced Grassroots™ Research Labs, a sensorial skin care experience that combines nature's most powerful ingredients with advanced science to deliver extraordinary results.
 
In 2010, The Estée Lauder Companies acquired Smashbox Beauty Cosmetics Inc., a dynamic Hollywood photo studio-inspired prestige cosmetic brand based in Los Angeles. The Company also closed the global wholesale distribution of the Prescriptives brand, although select products remain available for sale online at prescriptives.com.

In 2011, The Estée Lauder Companies acquired the ​exclusive worldwide license for the fragrance and grooming business of the Ermenegildo Zegna Group, a one-hundred year old, billion-dollar Milan-based men's luxury clothing and accessory brand. The Company announced that its Aramis and Designer Fragrances Division (ADF) will assume the exclusive worldwide license for the fragrance business of luxury fashion brand, Marni, and the exclusive worldwide license for the fragrance business of the American luxury lifestyle brand Tory Burch.

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Executive Officers

  • Fabrizio Freda President and Chief Executive Officer
  • John Demsey Group President
  • Carl Haney Executive Vice President, Research and Development, Product Innovation and Brand Product Development
  • Leonard A. Lauder Chairman Emeritus
  • Ronald S. Lauder Chairman, Clinique Laboratories, LLC
  • William P. Lauder Executive Chairman
  • Sara E. Moss Executive Vice President and General Counsel
  • Michael O’Hare Executive Vice President, Global Human Resources
  • Gregory F. Polcer Executive Vice President, Global Supply Chain
  • Cedric Prouvé Group President, International
  • Tracey T. Travis Executive Vice President and Chief Financial Officer
  • Alexandra C. Trower Executive Vice President, Global Communications

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Corporate Contact Information

The Estée Lauder Companies, Inc.
767 Fifth Avenue
New York, NY 10153
Tel: 212-572-4200

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Brand Media Contact Information

Phone calls are the preferred method of contact. However, if you can’t get through or it is after business hours, you may send an email to mediarequests@estee.com.

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