Estee Lauder
Headquarters: 767 Fifth Avenue
New York, NY 10153
Employees: 31,200
CEO: Fabrizio Freda
Website: http://www.elcompanies.com
Stock Symbol: EL
Career Page
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, Sean John, Missoni, Daisy Fuentes, Tom Ford, Coach, Ojon and Smashbox.
Main product lines of Estee Lauder include:
Skin care: moisturizers, creams, lotions, cleansers, sunscreens and self tanning products
Makeup: lipsticks, mascaras, foundations, blushes, eye shadows, nail polishes and powders. Also compacts, brushes and other makeup tools
Fragrance: eau de parfum sprays, colognes, perfumes, and 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
The Company sells its products principally through limited distribution channels to compliment the images associated with its brands. The channels consist primarily of upscale department stores, specialty retailers, upscale perfumeries and pharmacies, as well as freestanding company stores and spas, stores on cruise ships, in-flight and duty free shops in airports and cities, and the Internet.
For fiscal 2012, net sales were $8.8 billion, a 13% increase, and net earnings were $700.8 million.
The Americas - Estée Lauder was founded in 1946 in New York City. In fiscal 2011, the Americas generated $3.79 billion in sales.
Europe, the Middle East & Africa - The Company established an international presence in 1960 in London. In fiscal 2011, the region generated $3.25 billion in sales.
Asia/Pacific - The Company established a presence in Hong Kong in 1961. In fiscal 2011, the Asia/Pacific region generated $1.76 billion in sales.
History
Estée Lauder was founded in 1946 in New York City by the woman of the same name. She founded the company with four products and an unshakeable belief that every woman can be beautiful.
Born Josephine Esther Mentzer, Estée Lauder was raised in Corona, Queens, by her Hungarian mother, Rose, and Czech father, Max. The name Estée was a variation on her family nickname, Esty. Always interested in beauty, she was mentored by her chemist uncle, John Schotz, and began her business selling the skin care products he developed to beauty salons and hotels. In 1930, she married Joseph Lauder, who became her partner in the business.
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