The Estee Lauder Companies
- Company's image, flexibility, training programs offered
- Glass ceiling
ABOUT THIS COMPANY:Estée Lauder's looking good
Estée Lauder is one of the biggest sellers of upscale personal care products in the world, with an extensive line of cosmetics, fragrances, hair care and skin care products. Its brand empire, the Estée Lauder Companies umbrella, includes Estée Lauder, Aramis, Clinique, Prescriptives, Aveda, MAC and La Meris marketed in 135 countries around the globe. The company sells its goods through limited distribution channels like fashionable department stores, boutique retailers, freestanding company stores and spas (Origins, Jo Malone, M.A.C and Aveda), shops on cruise ships, in-flight and duty-free airport locations and over the Internet. And it's gained a fairly high profile as well from two of its "faces": actress Gwyneth Paltrow and 13-year Estée Lauder veteran Elizabeth Hurley who are viewed as glamorous but at the same time, approachable, "everyday" women. The company's business is split almost evenly between U.S. and international sales, and the overseas yen for Estée Lauder brands is growing. Global sales made up 51-percent revenue in 2005, but by 2009, the amount had increased to 59 percent. Net sales in 2009 dropped 7 percent from $7.9 billion to $7.3 billion. Net earnings, however, suffered worse as it plunged 54 percent to $218.4 million from $473.8 million.
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