Insight Reports 6 minutes premiumEstée Lauder Beauty: A Timeline of Key Events Author By 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. January 9, 2020 premium This report is for Premium subscribers only. Learn more about subscriptions here. Other research you may be interested in: