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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 ...
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 ...
The analyst pointed out that roughly 30% of sales are China-related, and due to the rather volatile state of the country's economy, Estée Lauder recently suspended providing annual guidance.
Since hitting an all-time high in 2022, Estée Lauder's (NYSE: EL) stock has basically been crushed. The shares have lost roughly 80% of their value in two years. On top of that, the company just ...
Jo Malone London is a British multinational cosmetics company, perfume and scented candle brand, [1] founded by Jo Malone in 1990. [2] It has been owned since 1999 by Estée Lauder . [ 3 ] The brand is known for its perfumes, candles, bath products, and room scents.
The company has been headquartered in London 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.