The Estee Lauder Companies Inc. 2008 Annual Report
[Intro]
[Chairman's Message]
[Chief Executive's Review]
[Fiscal 2008 Highlights]
[Multi-National Expansion]
[Multi-Channel Distribution]
[Multi-Brand Leadership]
[Portfolio of Brands]
[Board of Directors]
[Executive Officers]
[Financial Section]
[Stockholder Information]
[Environmental Profile]
[Form 10K]
Bobbi Brown in Paris photo
Bobbi Brown in Galeries Lafayette, Paris.
We believe we have the world at our fingertips and it is our intention to bring our luxury beauty products to every corner where there is opportunity for sustainable profitable growth.

The Company's multi-national strategy isn't just centered on distribution, it also extends to our global research and development efforts. With R&D facilities worldwide, we are focused on creating products that cater to consumers in specific markets and regions, based on their cultural preferences, skin tones and beauty habits. Our research center in Shanghai, for example, mixes ingredients that have been used for centuries in traditional Chinese medicine to create 21st Century skin care innovations. Going forward, we intend to identify and create more products that we will customize for our international beauty clientele, and then spread them out around the globe.