Estée Lauder Sales Hit $10 Billion

Estée Lauder’s annual sales for its fiscal year ended June 30 hit $10 billion for the first time. Ecommerce, with a double-digit jump, reached a milestone half billion in sales, for the time period.

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Feeling Swell About Gel

It’s summer, finally. And thanks to both humidity and the heat of the sun, most rich and luxurious creams are skin killers. Enter the superhero: gel. Last year, La Mer, the lavish queen of the high-enders, came out with Gel De La Mer. Light, sheer and more easily absorbed, these penetrating and hydrating hybrids are terrific substitutes for those with sensitive and fair skin, as well as those with pores that get easily clogged.

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Estée Lauder: Premium Gets Focus

The future is luxurious.
For the second quarter ended Dec. 31, Estée Lauder saw that “the fastest growth came from the high end of our prestige portfolio,” said Fabrizio Freda, president and Chief Executive Officer of The Estée Lauder Cos., on a conference call with analysts. “The affluent consumer is spending freely for products she desires,” he said. As a result, its luxury brands “are thriving.”

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