Estee Lauder Cos Net Worth is10.3 12-Month Sales Growth (%)
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Company Name: Estée Lauder Companies, Inc.
Company Logo: Image:Estee Lauder logo.png
Company Type: Public companies
Traded As: EL, S&P 500
Foundation: New York City, USA (1946)
Location: General Motors Building (New York), New York City, USA
Key People: Charlene Barshefsky, Rose Bravo, Lynn Forester de Rothschild, Mellody Hobson, Irvine Hockaday, Aerin Lauder, Leonard Lauder, Ronald Lauder, William P. Lauder, Richard Parsons (businessman), Marshall Rose, Barry Sternlicht, Fabrizio Freda
Num Employees: 31,000
Industry: Personal care
Products: Cosmetics, perfumes
Homepage: []
Revenue: operating income
Net Income: assets
Equity: {{increase}} US$1.64 billion (''FY 2009'')
EstA(C)e Lauder Companies, Inc. /E?E?steE? E?lE?E?dE?r/ is a manufacturer and marketer of prestige skincare, makeup, fragrance and hair care products. The company has its headquarters in Midtown Manhattan, New York City.
The company began in 1946 when Joseph Lauder and his wife EstA(C)e Lauder {Josephine Esther Mentzer) began producing cosmetics in New York City. They first carried only four products: Super-Rich All Purpose Creme, Creme Pack, Cleansing Oil, and Skin Lotion. Two years later they established their first department store account with Saks Fifth Avenue in New York.
Over the next fifteen years they expanded the range and continued to sell their products in the United States. In 1960 the company started its first international account in the London department store Harrods. The following year it opened an office in Hong Kong.
In 1964 they started Aramis Inc., which produced fragrances and grooming products for men. In 1967 EstA(C)e Lauder herself was named one of ten Outstanding Women in Business in the United States by business and financial editors[citation needed]. This was followed by a Spirit of Achievement Award from Albert Einstein College of Medicine at Yeshiva University in 1968. In that year the company expanded again, opening Clinique Laboratories, Inc. Clinique was the first dermatologist guided (Dr. Norman Orentreich), allergy tested, fragrance free cosmetic brand created by EstA(C)e Lauder.
EstA(C)e Lauder's Clinique brand became the first women's cosmetic company to introduce a second line for men when, in 1976, they began a separate line called "Skin Supplies for Men". In 1981 the company's products became available in the Soviet Union.
In February 2004 the company's teen-oriented jane business was sold; in April 2006, the professional-quality Stila brand, which EstA(C)e Lauder purchased in 1999, was sold.
The company has had sometimes iconic spokesmodels, sometimes referred to simply as 'faces'. Past 'faces' for EstA(C)e

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