Estée Lauder Companies Inc. was established in 1946 by Joseph and Estée Lauder. In 1953, the company introduced its first fragrance, Youth Dew, as a bath oil that also worked as a perfume. Over the years, Estée Lauder Companies Inc. has expanded its offerings by launching new products, acquiring other fragrance and cosmetics companies, or entering into licensing agreements. Today, the company has a portfolio of over 25 companies, including Clinique, Origins, Tom Ford, MAC, and Jo Malone.
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