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The Estée Lauder Companies Inc. (/ ˈ ɛ s t eɪ ˈ l ɔː d ər / EST-ay LAW-dər; stylized as ESTĒE LAUDER) is an American multinational cosmetics company, a manufacturer and marketer of makeup, skincare, perfume, and hair care products, based in Midtown Manhattan, New York City. It is the second largest cosmetics company in the world after ...
Clinique was the third brand that was "born" from the Lauder Group after Estée Lauder and Aramis. [ 7 ] In 2008, Clinique announced a partnership [ 8 ] with Allergan , the maker of Botox and former cosmeceutical partner of Elizabeth Arden , with the result being a new line called Clinique Medical.
The company has been headquartered in New York City since becoming a subsidiary of Estée Lauder Companies in 1998. MAC is an acronym for Make-Up Art Cosmetics. It is named one of the top three global makeup brands, with an annual turnover of over $1 billion, and 500 independent stores, with over thirty stores in France.
Lauder started to work for the Estée Lauder Company in 1964 as head of the international department. In 1984, he became a Deputy Assistant Secretary of Defense for European and NATO policy at the United States Department of Defense. In 1986, Ronald Reagan named him as the United States Ambassador to Austria, a position he held until 1987.
Leonard Alan Lauder (born March 19, 1933) is an American billionaire, philanthropist, art collector.He and his brother, Ronald Lauder, are the sole heirs to the Estée Lauder Companies cosmetics fortune, founded by their parents, Estée Lauder and Joseph Lauder, in 1946. [1]
Estée Lauder was Fundsmith's biggest detractor from its fund last year after investors fled the group on recovery fears.
In 2005, he launched the Tom Ford Estée Lauder Collection of cosmetics. [7] [8] tomford.com was launched in October 2006, initially only offering descriptions of the brand's products and later on hosting an online store. [9] In April 2007, the first directly owned Tom Ford flagship boutique opened at 845 Madison Avenue in New York City.
Estée and Joseph Lauder in 1971 Lauder (left) with Ivana Trump in 1986. When Lauder grew older, she agreed to help her uncle, Dr. John Schotz, with his business. Schotz was a chemist, and his company, New Way Laboratories, sold beauty products such as creams, lotions, rouge, and fragrances. She became more interested in his business than her ...