rown, La Mer, Aveda, Jo Malone London, Bumble and bumble, Darphin, GoodSkin Labs, Ojon, Smashbox, Osiao, Le Labo, RODIN olio lusso, Editions de Parfums Frédéric Malle and GLAMGLOW and the names of many of the products sold under these brands. The company is the exclusive worldwide licensee for fragrances, cosmetics and/or related products for Tommy Hilfiger, Donna Karan New York, DKNY, Kiton, Michael Kors, Tom Ford, Dr. Andrew Weil, Ermenegildo Zegna, Marni, AERIN and Tory Burch. Regulations The company and its products are subject to regulation by the Food and Drug Administration and the Federal Trade Commission in the United States, as well as by various other federal, state, local and international regulatory authorities and the regulatory authorities in the countries in which its products are produced or sold. Seasonality The company’s results of operations in total, by region and by product category, are subject to seasonal fluctuations, with net sales in the first half of the year typically being slightly higher than in the second half of the year. The higher net sales in the first half of the year are attributable to the increased levels of purchasing by retailers for the holiday selling season. Competition The company’s principal competitors consist of multinational manufacturers and marketers of skin care, makeup, fragrance and hair care products, most of which market and sell their products under multiple brand names. They include, among others, L’Oreal S.A.; Shiseido Company, Ltd.; Beiersdorf AG; LVMH Moët Hennessey Louis Vuitton; Coty, Inc.; The Procter & Gamble Company; Avon Products, Inc.; Chanel S.A.; Groupe Clarins; and Amorepacific. History The Estée Lauder Companies Inc. was founded in 1946.
estee lauder companies-cl a
(EL:New York Consolidated)
767 Fifth Avenue
New York, NY 10153
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