EL - Estee Lauder Companies Inc
Company Overview
Name
Estee Lauder Companies Inc
Tickers
EL
Exchanges
NYSE
Employees
62000
Founded
1946
Sector Information
Other Information
CIK
1001250
Category
Large accelerated filer
1-Line Summary
Estée Lauder is a global leader in prestige beauty products, encompassing skin care, makeup, fragrance, and hair care.
Company summary
The Estée Lauder Companies Inc. is a leading global manufacturer and marketer of luxury skin care, makeup, fragrance, and hair care products, founded in 1946. With a diverse portfolio of well-known brands, including Estée Lauder, Clinique, M·A·C, and La Mer, the company operates in approximately 150 countries, offering high-quality products through various distribution channels such as department stores, specialty retailers, and online platforms. The company emphasizes a 'High-Touch' service philosophy to enhance customer engagement and foster loyalty across their distinguished brands.
Estée Lauder's business model revolves around brand differentiation, strong product innovation, and a commitment to quality. They focus on a well-rounded strategy that not only prioritizes luxury and prestige but also pays attention to sustainability and social impact. Their investment in research & development enables them to stay ahead in product offerings, while their effective marketing strategies and omnichannel sales approach enhance visibility and accessibility of their products to a global audience, ultimately driving growth and profitability.
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