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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Thanks for my 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
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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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Introduction The Estee Lauder Group‚ a producer of prestige cosmetics‚ controls 46% of the U.S. market and 21% of the global market. The Group was launched in 1947 by Estee and Joseph Lauder and is still controlled by the family. With annual sales of over $8 billion in 130 countries‚ the Company hopes to double its business over the next decade. Estee Lauder consists of a collection of up scaled brands targeted at a diverse selection of consumers. The Group’s portfolio of brands includes
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Estee Lauder Introduction: Estee Lauder‚ an American corporation based in New York‚ is one of the world’s largest manufacturer and marketer of skin products‚ make up‚ fragrance and hair products. It has 29 brands and sells products in 140 countries and employed 32‚000 people World wide. Beauty‚ youth and forever being young is the themes for personal products industry. For financial year 2008 the net sales were USD $9.7 billion and the net earnings from continuing operations are USD $ 474
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------------------------------------------------- Estee Lauder Companies ------------------------------------------------- Ethical Strategy Analysis Jennifer Isikwe Analysis of the Ethical Strategy of the Estee Lauder Companies I. Background Information A. Brief History B. Other Relevant Information (Industry‚ environment‚ etc) II. Analysis of the Ethical Strategy A. Stated Ethical Strategy 1. Philosophy section of the mission statement 2. Explicit statements about ethics
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The Estee Lauder Companies Inc. Mission Founded by Estee Lauder in 1946‚ the Estee Lauder companies Inc. specialize in manufacturing top-end cosmetics‚ fragrance and hair care products. Beside famous Estee Lauder‚ its brands includes M.A.C.‚ Clinique‚ Bobbi Brown and etc. The mission of Estee Lauder is “Bringing the best to everyone we touch.” Best products‚ best people‚ best ideas are three pillars that have been hallmarks of Estee Lauder company. Founder Estee Lauder was named after its
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This ad for Estee Lauder’s Re-Nutriv Intensive Age-Renewal Crème was featured in Vogue magazine. The ad is two pages‚ one page of a well polished looking woman‚ and the next with the crème itself and a small passage. The target audience is most likely to be women over the age of 35 whose skin start to show signs of aging. This ad falls into the category of a promise ad and also a comparative ad. The slogan for this product is probably the bold words written above‚ “SuperCrème. Super Potent.” The
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SWOT Analysis of Estee Lauder * Exposed to crisis events (SARS‚ recession‚ terrorism etc) causing downturn in travel * Downturn in department store sales * Other competitors * Americans stagnating spending on cosmetics * Growth opportunities in China‚ Russia‚ Eastern Europe‚ Brazil and India * Availability for strategic alliances in the electronic commerce area * Plenty of candidates for acquisition W S T O * Management expertise * Marketing ability
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2.1 INTRODUCTION A mission and vision are standard and critical elements of a company ’s organizational strategy. Most established companies develop organizational mission statements and vision statements‚ which serve as foundational guides in the establishment of company objectives. The company then develops strategic and tactical plans for objectives. The mission and vision of an organization is its lifeline to sustainability. They establish its purpose of being today and aspiration of tomorrow
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