Estee Lauder Companies‚ Inc Strategic Management: Case Study Report Submitted to: Miss Farah Zarak Submitted by: Muhammad Owais Rana Abdur Rehman Bakhshi Muhammad Waqas Ranjha Jawwad Jahan Jahanzeb Khan Khawaja Omer Javed Dated: 22nd November 2011 Estee Lauder: Introduction Founded in 1946‚ this technologically advanced‚ innovative company has gained a worldwide reputation for elegance‚ luxury and superior quality. Estee Lauder Companies‚ Inc is a U.S manufacturer and marketer of skin care‚
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MANAGEMENT STRATEGY | ESTÉE LAUDER | | | Tea Karulia | 6/7/2013 | | COMPANY’S HISTORY The Company was founded in 1946 by Mrs. Estée Lauder. The initial products that were launched by Estee Lauder were: Super Rich All Purpose Creme‚ Creme Pack‚ Cleansing Oil and Skin Lotion. The Estee Lauder Companies Inc managed to become one of the leading producers and marketers of quality skin care‚ makeup‚ fragrance and hair care products around the world. The Company ’s products are sold
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Its founder‚ Mrs. Lauder‚ decided to offer her potential customers completely free samples of products‚ so that before buying they could independently verify the effectiveness of different treatments. The result of such a marketing method was stunning. And this is understandable - similar ideas were never before implemented (at least‚ it was not documented). As a result‚ the Estee Lauder brand has been immortalized in the history of world
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Estee Lauder Companies‚ Inc. 1.0 Overview (Chronology) Estee Lauder‚ the founder of what is now a major cosmetics empire‚ started her business with a single jar of face cream that was mixed by her uncle‚ a chemist. Today‚ based in New York City‚ Estee Lauder is a manufacturer and marketer of four cosmetics product lines‚ like skin care‚ makeup‚ fragrances‚ and hair care products. These products are sold in over 130 countries and territories under different brand names‚ such as Estee Lauder‚ MAC
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Estee Lauder 2011 Case Study 1. Case Abstract This case study is about the cosmetics industry. The Estee Lauder Companies Inc. (Estee Lauder or "the company") is a globally recognized manufacturer and marketer of makeup‚ skin care‚ fragrances and hair care products. The company operates in the Americas‚ Europe‚ the Middle East and Africa‚ and Asia Pacific. It is headquartered in New York City‚ New York and employed about 32‚300 people as of June 30‚ 2011. The company recorded revenues of $8‚810
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Estee Lauder Companies‚ Inc. _ 2008 Introduction: Estée Lauder founded this Company in 1946 armed with four products and an unshakeable belief: that every woman can be beautiful. Today‚ more than 60 years later‚ that simple notion has literally changed the face of the beauty business. The Estee Lauder Companies Inc. is one of the world’s leading manufacturers and marketers of quality skin care‚ makeup‚ fragrance and hair care products. The Company’s products are sold in over 130 countries
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Weakness For Estee Lauder 1. Decline in Estee Lauder and Clinique Brands Sales in the quarter rose 7.1 percent to $1.7 billion. Makeup and skin care sales increased in the quarter‚ but the company said there was weakness in sales of its core brands‚ and in the domestic market. Estee Lauder and Clinique are their largest brands. Worldwide‚ sales of each brand climbed by low single digits. We will increase investment in Clinique in fiscal ’07 to facilitate growth in the U.S. and build on
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A.Positioning 1. Estee Lauder founded her company with her husband Joseph Lauder in 1946. When the company first started it had only four products‚ not 66 years later Estee Lauder manufactures and markets skincare‚ fragrance‚ make up and hair care products in 150 countries worldwide. The company is still mainly controlled by the family members who hold 70% of the voting shares in Estee Lauder company. Aside from selling their products under their own name‚ Estee Lauder also owns other beauty
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HISTORY/ BACKGROUND Estée Lauder‚ the founder of the $8 billion company that bears her name‚ started her business with four skin care products and a simple premise where that every woman can be beautiful. Armed with that philosophy‚ plus drive‚ creativity and passion‚ she literally changed the face of the cosmetics industry. Born Josephine Esther Mentzer‚ Estée Lauder was raised in Queens‚ N.Y.‚ by her Hungarian mother‚ Rose‚ and Czech father‚ Max. The name Estée was a variation of her nickname
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partner. As a company spokesperson explained in the case‚ more of estee lauder’s growth is expected to come from expansion and awareness-building in tier-2 and tier-3 cities as tier-1 cities begin to mature. So we should learn current situation about the tier 2 and 3 cities first‚ to see what the opportunities here are. My partner has mentioned the specific classification of china’s cities‚ now I still quote this classification. 1. Firstly‚ as the case mentioned‚ three quarters of china’s urban population
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