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

Beauty: Estée Lauder cautious about 2024 02/05/2024

- Acquisition of Tom Ford for $2.3 billion
- Double-digit growth in Clinique sales, across all geographic regions

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	-