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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.
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.
In November 2007, Origins launched the first organic line of skin care products to carry a 95% organic USDA certification seal.. In February 2011, Origins launched Happy Birthday"Plantscription", an anti-aging serum which claims to rival the leading anti-wrinkle prescription retinoid creams with 0% irritation.
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Strength in The Estee Lauder Companies' (EL) Skin Care portfolio is a major driver. Also, the company is implementing stringent cost-curtailment practices.