Estée Lauder: The latest figures, news and market research on Estée Lauder

Turnover: 15.9 billion USD (2023)

Country: United States

Estée Lauder Companies is an American cosmetics company. The company offers a wide variety of skin care products, make-up, fragrances, hair care products and more.

Estée Lauder is responsible for the creation of brands that are today distributed in over 150 countries and territories worldwide

News

Estée Lauder unable to keep pace with L'Oréal 20/08/2023

Estée Lauder saw sales fall by 10% to $15.9 billion in its offbeat 2022/2023 full year
Estée Lauder acquired the Tom Ford brand for $2.3 billion.

Estée Lauder buys a breath of fashion air with Tom Ford 16/11/2022

Estée Lauder's acquisition of Tom Ford: $2.3 billion.
Foundation of the Tom Ford brand: 2005.
Estée Lauder has owned the Tom Ford Beauty license since: 2006.
Estée Lauder fourth-quarter fragrance sales: $579 million.
Estimated potential of Tom Ford Beauty for Estée Lauder: over one billion euros in two years.
Tom Ford will remain the brand's creator until the end of 2023.

Estée Lauder acquires Tom Ford for $2.3 billion | Estée Lauder acquires Tom Ford for $2.3 billion 16/11/2022

- Estée Lauder buys Tom Ford for $2.3 billion
- The deal is expected to close in the first half of 2023.
- Tom Ford founded his label in 2005.
- Tom Ford Beauty launched its fragrance and make-up line in 2006 with Estée Lauder.
- Estée Lauder expects Tom Ford Beauty to sell $1 billion worth of products a year within two years
- Tom Ford's license to Ermenegildo Zegna for apparel, accessories and underwear lines is extended and expanded.
- The license currently granted to Marcolin for Tom Ford eyewear will also be extended.

Cosmetics: Chinese confinements affect Estée Lauder 18/08/2022

Estée Lauder is the potential buyer of Tom Ford, valued at 2.5 billion euros.
- The group is forecasting sales growth of between 3% and 5% for fiscal 2023, below the expected growth of 7%.
- China is Estée Lauder's leading market, where the company is impacted by health restrictions and the Covid19 zero policy.
- Asia-Pacific generated just over a billion euros in the fourth quarter, down 23% year-on-year.
- Hainan Island welcomed 81 million travelers in 2021, with tourist numbers up 25.5%.
- Estée Lauder forecasts adjusted earnings per share of between 5% and 7% for 2023, well below the 10.5% forecast. s.

Estée Lauder to close 10-15% of its stores worldwide 26/08/2020

Closure of 10 to 15% of Estée Lauder stores.
Reduction of 1,500 to 2,000 positions.
Main impact zones: Europe and North America.
Stores affected: Estée Lauder, Bobbi Brown, La Mer, Too Faced flagships and mainly M.A.C. boutiques.

Financial Data

DUNS: 702038464

Legal Name: ELCO

Address: 40 RUE CAMBON 40-48, 75001 PARIS 1

Number of employees: Entre 500 et 999 salariés (2021)

Capital: 239 199 950 EUR

Financial Data:

Year	2021	2020	2018	2017	2016	2015
Turnover	141 135 451	181 947 361	216 638 870	208 273 013	211 424 447	189 677 480
Gross margin (€)	113 877 966	144 791 225	167 905 276	162 402 080	162 560 823	-
EBITDA (€)	-13 319 695	-10 356 723	2 003 736	5 530 302	8 673 263	-
Operating profit (€)	-35 700 800	-32 370 231	-5 961 477	-2 837 603	-3 874 649	-
Net profit (€)	-60 392 574	-46 830 813	-10 374 407	-4 985 308	-6 582 201	1 245 480
Turnover growth rate (%)	-22,4	-20,2	4	-1,5	11,5	-
Ebitda margin rate (%)	-9,4	-5,7	0,9	2,7	4,1	-
Operating margin rate (%)	-25,3	-17,8	-2,8	-1,4	-1,8	-
Working Capital (turnover days)	-42,5	-22,2	-21,1	-22,1	-32,3	-
Working Capital requirements (turnover days)	-8,5	18,3	12,1	15,3	6,5	-
Net margin (%)	-42,8	-25,7	-4,8	-2,4	-3,1	-
Added value / Turnover (%)	33,3	35,1	37,8	38,8	38,1	-
Wages and social charges (€)	53 524 914	63 667 443	65 745 853	62 179 375	59 261 243	-
Salaries / Turnover (%)	37,9	35	30,3	29,9	28	-