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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 ...
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.
In 1999, Jo Malone London (JML) sold the company to Estée Lauder Companies for "undisclosed millions". [3] Malone continued to work for the brand as creative director until 2006, [6] and was barred from creating a new fragrance or skincare line for 5 years due to a non-compete agreement. [5] She subsequently launched a new line, Jo Loves.
Estée Lauder has been struggling with profitability in recent quarters, which has resulted in the stock's price-to-earnings (P/E) multiple skyrocketing to more than 100.
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One 1992 study stated that 26% of American supermarket retailers pursued some form of EDLP, meaning that the other 74% promoted high-low pricing strategies. [2]A 1994 study of an 86-store supermarket grocery chain in the United States concluded that a 10% EDLP price decrease in a category increased sales volume by 3%, while a 10% high-low price increase led to a 3% sales decrease.
SP Plus Corporation is an American provider of parking facility management services. It is a provider of parking, baggage handling, ground transportation, facility maintenance, event logistics, and security services across the United States and Canada. [1] Until December 2013, it was known as Standard Parking Corporation.
Ronald Steven Lauder (born February 26, 1944) is an American businessman and political activist. He and his brother, Leonard Lauder, are the sole heirs to the Estée Lauder cosmetics company, founded by their parents, Estée Lauder and Joseph Lauder, in 1946.
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