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

Colruyt family buys online pharmacy Newpharma


The Belgian Colruyt family has become online pharmacy Newpharma’s majority shareholder. Newpharma is a Belgian online pharmacy active in both Belgium and France. 

Zalando ventures into make-up with physical store


Fashion web shop Zalando is to start selling beauty products in Germany and in order to better present those products, it will open a physical beauty store in Berlin. Last quarter, Zalando came close to a 30 % turnover growth.

Dollar Shave Club ready for Europe


The Dollar Shave Club will arrive on European shores next year. The razor blade subscription service, owned by Unilever, has long since been a success in the United States.

Unilever interested in Estée Lauder


Increasing rumours say that cosmetics company Estée Lauder may be up for sale and that there are a number of interested parties, including L’Oréal and Unilever.

Sephora launches smaller store formula


Cosmetics manufacturer Sephora launched a smaller store formula in the United States. Up until now, it had focused on large stores, but has now turned its attention to smaller stores.

Brazilian takeover of The Body Shop confirmed


L’Oréal has officially confirmed the sale of its British subsidiary The Body Shop to Brazilian Natura Cosméticos. The deal was signed this week, is estimated to be worth 1 billion euro and should be finalized before the end of the year.

Back to top