Headquarters: |
767 Fifth Avenue, New York, NY 10153 |
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 140 countries and territories. For fiscal year 2009, net sales were $7.3 billion and net earnings from continuing operations were $218 million. |
Mission: |
Bringing the Best to Everyone We Touch |
Brand names: |
Estée Lauder, Aramis, Clinique, Prescriptives, Lab Series Skincare for Men, Origins, Tommy Hilfiger, M·A·C, Kiton, La Mer, Bobbi Brown, Donna Karan, Aveda, Jo Malone, Bumble and bumble, Michael Kors, Darphin, American Beauty, Flirt!, GoodSkin™ Labs, Grassroots™ Research Labs, Sean John, Missoni, Daisy Fuentes, Tom Ford, Coach and Ojon. |
| Employees: | Approximately 32,000 full-time employees worldwide. |
Products: |
Skin care: Moisturizers, creams, lotions, cleansers, sun screens and self-tanning products Makeup: Lipsticks, lip glosses, mascaras, foundations, 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 |
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, professional hair salons, freestanding company stores, spas, direct response television, stores on cruise ships, in-flight, duty-free shops in airports and cities, and the Internet. |
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 addition, 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. The Company acquired Jo Malone, a London-based marketer of prestige skin care and fragrance products. It acquired 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. 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 a licensing agreement with Sean John, the fashion house led by Sean "Diddy" Combs. 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. 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 and skincare 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. In 2007, BeautyBank launched GoodSkin™ Labs, a sub-brand of Good Skin™ that focuses on instant performance skin care products. In 2008, introduced Grassroots™ Research Labs, a truly sensorial skin care experience that combines nature’s most powerful ingredients with advanced science to deliver extraordinary results. |
Research and Development: |
Melville, New York; Blaine, Minnesota; Oevel, Belgium; Tokyo, Japan; Ontario, Canada; Shanghai, China; Colombes, France; Petersfield, U.K. |
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: |
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Brand Websites: |
www.esteelauder.com |
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Certain Officers: |
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Contact Information: |
Global Communications: (212) 572-4430 |
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Facts at a Glance
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