Insight Report 6 minutes PremiumEstée Lauder Beauty: A Timeline of Key Events Coresight Research January 9, 2020 What's InsideEstée Lauder started out life in New York City in 1946 when Estée Lauder and husband Joseph Lauder started selling cosmetics. Back then, the company carried four products: a cleansing oil, a skin lotion, an all-purpose creme and a creme pack. Now, the company boasts a portfolio of over 25 prestige brands and $14.9 billion in annual revenues. Skincare is driving growth and accounts for 44% of revenues. Its portfolio includes four brands with net sales over $1 billion. Travel retail is huge: Some 18% of revenues come from Chinese travelers. Chinese consumers account for around a quarter of sales. Click here to read our full collection of Retailers’ Timelines. This report is for paying subscribers only. Already a paying subscriber? Please log in to see the entire report.If you wish to learn more about our subscription plans and become a paying subscriber, click here. This document was generated for Other research you may be interested in: August 2023 US Housing Market Indicators: Mortgage Rate Increases to Highest in Over 21 YearsWeekly US and UK Store Openings and Closures Tracker 2023, Week 21: UK Closures Up 59%Market Outlook: Department Stores in China—Consumer Shift Toward E-Commerce Squeezes SalesCoresight Bites: US Department Stores—Market Outlook
