Estee Lauder 2008 Annual Report Download - page 16

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HOW
WE
GROW
14
We are a global company with strong American roots. Thanks to our talent for understanding
and responding to the desires of consumers worldwide, our products are sought after around
the globe. A number of our brands — including Estée Lauder, Clinique, M.A.C, La Mer, Bobbi
Brown, Aveda and Jo Malone— are international icons when it comes to luxury beauty.
For almost 50 years, we have recognized the vast growth opportunities in regions outside
of the United States, where the luxury beauty business is estimated at nearly $28 billion.
La Mer at the historic GUM shopping mall in Moscow.
HOW
WE
GROW:
multi-national
expansion