Sales: $10.1 billion. Net income: $1.0 billion, for the year ended
June 30, 2013.
Key Personnel: Leonard A. Lauder, chairman emeritus; William
P. Lauder, executive chairman; Ronald S. Lauder, chairman,
Clinique Laboratories; Fabrizio Freda, president and chief execu-
tive officer; John Demsey, group president; Carl Haney, executive
vice president, research and development, product innovation
and brand product development; Sara E. Moss, executive vice
president and general counsel; Michael O’Hare, executive vice
president, global human resources; Gregory F. Polcer, execu-
tive vice president, global supply chain; Cedric Prouvé, group
president, international; Tracey T. Travis, executive vice president
and chief financial officer; Alexandra C. Trower, executive vice
president, global communications.
Major Products: Cosmetics, toiletries and fragrances. Prestige
and Makeup Artists—Estée Lauder, Bobbi Brown, La Mer, Tom
Ford, MAC, Prescriptives, Jo Malone, Smashbox, Clinique, Origins,
Ojon; Fragrances—Aramis, Tommy Hilfiger, Kiton, Donna Karan,
Michael Kors, American Beauty, Flirt!, Coach, Ermeneglido
Zeda; Skin Care—GoodSkin, Grassroots, Lab Series; Salon and
Pharmacy—Aveda, Bumble and Bumble, Darphin.
New Products: Skin Care—The Moisturizing Soft Cream and
Resculpt (La Mer), Even Better Eyes Dark Circle Corrector and
Smart Serum (Clinique), Micro Essence, Perfectionist CP+R,
Advanced Time Zone, Advanced Night Repair Eye Serum
Infusion and Optimizer (Estée Lauder). Makeup—High Impact
Extreme Volume Mascara and Chubby Stick Intense (Clinique),
Pure Color Vivid Shine lipstick (Estée Lauder); Fragrance—Zegna
Uomo, DKNY Be Delicious So Intense, Tommy Hilfiger Freedom
Men and Coach Love; Hair Care—Aveda Pure Abundance Style
Prep and Be Curly Curl Controller.
Comments: Estée Lauder’s been leading the US and global prestige beauty industry for decades. It holds a 15% share of the prestige beauty segment and the company intends to stay in front
with a plan to grow sales equal to or better than 1 percentage
NE W YORK, NY
billion, driven by volume growth of 3.5%. The increase was driven
by gains in oral care sales with the toothpaste, manual toothbrush and mouthwash categories all contributing to growth.
Home care also contributed on strong sales in the hand dish and
fabric softener categories.
Net sales in Latin America fell 0.5% to $5.0 billion. Volume
gains were led by Brazil, Venezuela, Mexico and Central America.
The increase in Latin American organic sales was due to an increase in oral care sales.
Net sales in Europe/South Pacific fell 0.5% in 2013 to nearly
$3.4 billion, as volume growth and positive foreign exchange
were more than offset by net selling price decreases of 2.5%.
Net sales in Asia increased 9.0% to more than $2.4 billion, driven by volume growth of more than 10%. Volume gains were led
by the Greater China region, India, Thailand and the Philippines.
Sales were driven by an increase in oral care sales with the toothpaste and manual toothbrush categories contributing to growth.
Personal care sales also contributed to organic sales growth with
gains in the shampoo category.
Net sales in Africa/Eurasia increased 1.5% to more than $1.2
billion, driven by volume growth of 8.0%. Volume gains were led
by Turkey, Russia, the Sub Saharan Africa region and the Central
Asia/Caucasus region. The increase in organic sales was driven by
an increase in oral care and personal care sales.
For the first quarter of 2014, worldwide net sales rose 6.5%
to $4.3 billion. During that time, Colgate’s leading global market
shares in toothpaste and manual toothbrushes remain strong at
44.3% and 33.1%, respectively. Colgate’s global market share in
the mouthwash category reached a record high at 17.3%.
“We are very pleased to have started the year with strong organic sales growth, building on the momentum we saw in 2013,”
said Ian Cook, president and CEO. “We continue to plan for
higher levels of advertising investment in the balance of the year
in support of a very full pipeline of new products worldwide.”
The Estée Lauder