Another excellent year for cosmetics giant Estée Lauder | RetailDetail

Another excellent year for cosmetics giant Estée Lauder

Another excellent year for cosmetics giant Estée Lauder

American cosmetics giant Estée Lauder has had another excellent year, with both net profit and turnover going up. Its fourth quarter broke every record, its New York main office said.

8 % turnover increase, 18 % profit increase

Estée Lauder closed its broken fiscal year 2013-2014 with a 1.2 billion dollar (900 million euro) net profit and an 11 million dollar (8 billion euro) turnover. Compared to its previous fiscal year, its net profit grew 18 % and its turnover grew 8 %, outperforming the entire cosmetics market and its main competitors L'Oréal, Elizabeth Arden and Coty.


The company, which has 29 brands (like Clinique, MAC and Estée Lauder), is active in more than 150 countries and managed turnover growth in every branch. Skin care grew 7 % and is its largest branch, representing 4.77 billion dollars. Make-up is second, with a 4.21 billion dollar turnover (+ 9 %).


Perfume also managed a 9 % turnover increase, to 1.43 billion dollars. For the first time ever, the hair product branch crossed the 0.5 billion dollar mark (515.6 million dollars to be exact).


Fifth excellent year in a row

"2014 is the fifth fiscal year in a row in which we have posted excellent results for our company and our shareholders", a satisfied CEO Fabrizio Freda said. "This success' cornerstones are our strong brands, our many innovations and a sharp focus on fast-growing markets."


For its current fiscal year, the cosmetics giant expects another turnover growth of 6 to 7 %.

Questions or comments? Please feel free to contact the editors

Europe wants global ban on animal testing for cosmetics


Several Members of the European Parliament say the current European ban on animal testing for cosmetic purposes needs to be extended to a global one.

Unilever warns online media: we can no longer advertize like this


Unilever has threatened to pull its advertising budget from online media channels that lack transparency and create discord according to marketing director Keith Weed’s statements at the IAB advertisers’ congress.

Luxury brands spur on L’Oréal's profit


Despite weak turnover growth in 2017, cosmetics company L’Oréal still generated a much-improved net profit thanks to excellent luxury sales, where its margins are bigger.

Trekpleister director will become Kruidvat Belgium and France CEO


A.S. Watson, the holding that owns Kruidvat, ICI PARIS XL and Trekpleister, appointed Roland van den Berg as Trekpleister’s general manager. He will succeed Bert Verhoef, who will move to Kruidvat Belgium and France.

Ecover will update its entire product range


Belgian ecological laundry and cleaning detergent manufacturer, Ecover, will alter its entire product range’s packaging. Laundry detergent will alter first and the entire operation should be finalized within two years.

Unilever will cut jobs at Belgian retail sales team


Unilever Belgium will restructure its team of store representatives and cut eleven jobs. The company confirmed that to RetailDetail.

Back to top