Estee Lauder Companies Inc
Estee Lauder Companies Inc
Sector: Consumer
Description
Estee Lauder Companies Inc, a publicly listed company (NYSE: EL), manufactures and markets beauty care products, including perfumes, make-up essentials, etc.
The company was launched in 1946 in New York and initially had four products in its portfolio.
Estee Lauder Companies Inc supplies comprehensive range of beauty products under the following category:
• Makeup
• Skincare
• Fragrance
• hair care
Skin Care
The product pipeline includes creams, moisturizers, cleanser, toner, serums, facial masks, oil and acne correctors, exfoliators and sun protection products.
Make Up
The category consists of compact, lip shades, eyeliners, lipstick, nail polishes, powders, mascaras, and other make up tools.
Fragrance
The company provides colognes and sprays, perfumes, candles, lotions, creams, soap bars based on unique fragrance.
Hair Care
Estee Lauder Companies Inc also provides shampoos, conditioners, hair masks, styling products, treatment and hair color products under this product line.
The company has business operations in over 150 territories and countries across the globe.
Estee Lauder Companies Inc’s portfolio also consists of 25 global beauty brands and owns over 1,500 retail stores worldwide. Some of the leading brands under the banner are:
• Bobbi Brown
• Armis
• DKNY
• M.A.C
• Smashbox
• Tom Ford Beauty
• Too faced
• Kilian Paris
• Clinique
• BECCA Cosmetics
• GLAMGLOW
• BeautyBank
It also claims to focus on the health and well-being of its employees and promotes inclusion and diversity in its business.
Founder Evelyn H Lauder launched an campaign in 1992 to raise awareness on breast cancer across the globe. The company claims that the campaign had raise over US$99 million over the years. In addition, it claims to provide 321 medical research grants to the Breast Cancer Research Foundation.
Estee Lauder Companies Inc reportedly aids and supports over 60 global breast cancer organizations.
The product portfolio consists of both affordable and luxury brands.
The NYSE-listed company also claims to provide various career opportunities for graduates from different streams.
In 2020, the global beauty care provider reportedly sourced 100 percent electricity from renewable resources for all its direct operations across the globe.
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