The house
A New York counter, four products, 1946.
Founded 1946 in New York by Estée Lauder — born Josephine Esther Mentzer — and her husband Joseph. A Saks Fifth Avenue counter, four products, and a habit of pressing samples into customers’ hands.
The first wide hit was Youth-Dew, a bath oil reformulated as perfume, launched in 1953. It made the brand. Advanced Night Repair followed in 1982 — one of the first targeted serums marketed to mainstream consumers, sold in the small brown bottle the company still ships today.
The Estée Lauder Companies trades on the New York Stock Exchange under the ticker EL. The current CEO is Stéphane de La Faverie, appointed January 2025. Aerin Lauder — Estée’s granddaughter — founded the sister AERIN line in 2012. The eponymous brand remains the group’s flagship.
In Australia, the line sells through MECCA, David Jones, Myer and esteelauder.com.au with local shipping. Price tier sits below La Mer and Augustinus Bader, above accessible-mass: premium, not ultra-luxury.