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The Estée Lauder Companies Inc. (/ ˈ ɛ s t eɪ ˈ l ɔː d ər / EST-ay LAW-dər; stylized as ESTĒE LAUDER) is an American multinational cosmetics company, a manufacturer and marketer of makeup, skincare, perfume, and hair care products, based in Midtown Manhattan, New York City. It is the second largest cosmetics company in the world after ...
Founder Mary Kay Ash died on November 22, 2001. [15] In March 2020, the company closed operation in Australia and New Zealand. [16] [17] In November 2022, David Holl, the company’s CEO since 2006, retired after nearly 30 years with the company but remained chairman of the board. [8]
Avon Products, Inc. (/ ˈ eɪ v ɒ n / AY-von) is an Anglo-American [9] multinational company selling cosmetics, skin care, perfume, and personal care products. It is a multi-level marketing company based in London.
Estée and Joseph Lauder in 1971 Lauder (left) with Ivana Trump in 1986. When Lauder grew older, she agreed to help her uncle, Dr. John Schotz, with his business. Schotz was a chemist, and his company, New Way Laboratories, sold beauty products such as creams, lotions, rouge, and fragrances. She became more interested in his business than her ...
The company has been headquartered in London since becoming a subsidiary of Estée Lauder Companies in 1998. MAC is an acronym for Make-Up Art Cosmetics . It is named one of the top three global makeup brands, with an annual turnover of over $1 billion, and 500 independent stores, with over thirty stores in France.
Clinique was the third brand that was "born" from the Lauder Group after Estée Lauder and Aramis. [ 7 ] In 2008, Clinique announced a partnership [ 8 ] with Allergan , the maker of Botox and former cosmeceutical partner of Elizabeth Arden , with the result being a new line called Clinique Medical.
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