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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 ...
Beginning July 1, 2015, Estée Lauder Companies is set to lower prices on many of its most popular products in China, affecting all skincare and makeup brands under the company and including Origins, Estée Lauder, Clinique, La Mer, MAC, Bobbi Brown, and Lab Series.
Notably, Estée Lauder's most recent acquisition in 2023 of the Tom Ford brand for a total enterprise value of $2.8 billion is already facing challenges. The brand reported net sales in fragrance ...
In 2019, the Brazilian beauty company Natura agreed to buy Avon Products for more than $2bn via a share swap, [37] creating the world's fourth-largest beauty company. [38] Under the deal's terms, Natura will hold 76% of the combined business with over $10 billion in annual revenue. [39] [40] [41]
Evelyn Lauder, an executive at Estée Lauder and member of the Lauder family, created the Clinique brand name and developed its line of products. [6] Lauder worked as the training director for Clinique. [6] She was the first person to wear the trademark white lab coat, now worn by Clinique Consultants worldwide. [6]
Coca-Cola has an iconic brand that's known all around the world. It's a top Warren Buffett holding, and a big reason for that is its strong brand power. ... This anti-aging Estée Lauder SPF ...