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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 ...
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]
Rechelbacher sold Aveda to Estée Lauder Companies, Inc., in 1997 for $300 million, although Aveda continues to be run as a semi-autonomous entity. [4] [5] Upon selling the product to Estee Lauder Companies Inc., Horst also sold off the chain of salons to his successor, David Wagner. The salons formally known as Horst and Friends was renamed ...
The Estée Lauder Cos. early-stage venture fund has taken a minority stake in Vyrao, a British brand offering unisex fragrances meant to heal, inspire and energize body and home.
Shares of Estee Lauder (NYSE: EL), the cosmetics giant, were gaining today in response to news that China's central bank was lowering interest rates to stimulate the economy.China is a key market ...
Estée Lauder, which owns brands like Aveda, Clinique, La Mer, and Mac, reported a decline in organic sales of 5% and revenue of 4% to $3.36 billion, which essentially matched the consensus at $3. ...