Company The Estee Lauder Companies Inc.
Country United States
Email LaMerOnlineTech@CremedelaMer.com
Telephone n.a.
Market Segment Luxury
Core Business Beauty

La Mer Financial Report 2018

 
 

The Estee Lauder Companies Inc. Financial Report

Income Statement Trend

Total Revenue

It includes the overall revenue of the company, considering not only the sales of finished goods, but all of the sources of the company income.

Operating Margin

Also known as ROS - Return on Sales, it measures the percentage of sales revenue that gets 'returned' to the company as net profits after all the related costs of the activity are deducted. The figure is about the latest fiscal year available.

Net Profitability

It's a measure of a company's overall profitability, i.e. how much of its sales are converting to profit. The value given is the amount of sales needed to generate one currency unit of post tax profit. Negative values mean that the company has a negative level of post tax profit. The figure is about the latest fiscal year available.

Profit Ratio

It's a key measure of success. The profit ratio measures the amount of profit generated by each single currency unit of sales. The figure is about the latest fiscal year available.

Income Statement Highlights

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Total Revenue        
Cost of Sales        
Gross Profit        
Operating Income        
Net Income        

Balance Sheet Highlights

in Millions of USD20192018Δ
2019/2018
2017Δ
2018/2017
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Current Assets        
Total Assets        
Current Liabilities        
Equity        

Net Sales by Country

in Millions of USD20192018Δ
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The Estee Lauder Companies Inc. Annual Report

Official Websites

La Mer website

Official Social Media

Brand Description

Establishment

Year
1965
City
n.a.
Country
United States

Founder

Dr. Max Huber

Designer

Profile

La Mer joined The Estée Lauder Companies' family of brands in 1995. Sold in more than 50 countries and territories, La Mer represents supreme luxury and transformative, high-performance skincare. Crème de la Mer, one of the most innovative and sought-after moisturizers, was conceived by Dr. Max Huber, an aerospace physicist, after he suffered a laboratory accident that severely burned his face. Formulated with sea kelp and a pioneering bio-fermentation process, the Crème miraculously transformed the appearance of Dr. Huber's skin. Since then, it has evolved into what can only be described as a legend. Today, La Mer offers a complete range of facial skin care and body products—all harnessing the remarkable benefits of the sea.

Business Strategy

Market Positioning

Luxury

Core Business

Beauty

Target

Women

Product Categories

Body Care
Make-up
Skin Care
Sun Care
 

The Estee Lauder Companies Inc. profile

Name The Estee Lauder Companies Inc.
Website elcompanies.com/Pages/Homepage.aspx
Country United States
VAT Number n.a.
Telephone +1 212-572-4200
Fax n.a.
Date of foundation 1946
Type of Company Listed

Headquarters

767 Fifth Avenue New York, NY 10153

Ownership (Top Shareholders)

The Estee Lauder Companies Inc. doesn't provide the information on its shareholders.

La Mer Latest News

La Mer’s The Concentrate Got An Update & It’s Now Even More Worthy Of A Splurge
Chrissy Teigen paraded her impossibly glowy complexion around for long enough before doing the public service of broadcasting her million-dollar skincare regime to the social media ether. Predictably, the big reveal included La Mer's Crème de la Mer and The Concentrate, a celebrity-touted barrier serum which just got a very timely update.


The brand's luxe pollution defense potion is a longtime A-lister favorite, cherished by the likes of Emma Stone, Sienna Miller, and Catherine Zeta-Jones, so it's no surprise the model credits it — among an iS Clinical cleanser, Control Corrective SPF, and Bioré chin and nose strips — for her extraordinarily well-behaved skin.

Not a month after she shouted it out on Instagram, La Mer introduced a new and improved version of The Concentrate that, according to the brand, includes even more antioxidant power thanks to the addition of lime tea concentrate. La Mer calls the ingredient an "antioxidant powerhouse" for its ability to shield against free radicals (you know, the little nasties left behind by environmental stressors).


The cult-classic elixir has undergone other renovations over the years, each time apparently amassing a larger following, but has stayed true to its trusty core formula (namely the anti-inflammatory Miracle Broth that La Mer launched with in 1965).

The brand goes as far as to call it a miracle worker, able to halt aging, deflect against irritants, strengthen the skin's natural barrier, soothe after exposure to extreme temperatures, and — as a bonus — stand in as a pseudo primer for smooth foundation application. That being said, this so-called miracle worker comes at a price.
 
New Leadership Appointments at La Mer
At La Mer, Justin Boxford has been promoted to global brand president after three years as global general manager. During his time at the business, La Mer has doubled in size, and in 2018, surpassed $1 billion in net sales. Boxford has led the brand’s growth in fast-growing channels and markets, and expanded La Mer’s consumer base in travel retail and Asia. He’s also championed new products, including The Luminous Lifting Cushion Foundation SPF 20 and The Treatment Lotion Hydrating Mask.

Before La Mer, Boxford spent more than a decade leading the Estée Lauder brand and Tom Ford Beauty internationally and in Asia-Pacific.

In his expanded role at La Mer, Boxford will work to continue the brand’s growth, while maintaining its luxury brand equity. He will continue to report to Sandra Main, global brand president of Bobbi Brown and La Mer.

“Justin’s extensive luxury beauty experience and global point of view, combined with his expertise in brand building, driving engagement and omnichannel strategies make him uniquely suited to lead La Mer’s next phase of global growth,” Jane Hertzmark Hudis, Lauder group president, said in a statement.

 

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