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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 line is only available in physician's offices.
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[3] [18] The acquisition increased Coty's profits in 2018, with Younique witnessing double-digit sales growth in its second quarter. [9] However, Younique's revenues and profits declined year-over-year in 2019, and Coty announced that it was cutting ties with Younique in August 2019 and sold back its stake to Younique founders.
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