×
42 610
Fashion Jobs
KOHLS
Staff Product Manager-Innovation
Permanent · Menomonee Falls
KOHLS
Full-Time Sales Supervisor - Hardlines
Permanent · Rapid City
KOHLS
Full-Time Loss Prevention Officer
Permanent · Las Vegas
KOHLS
Full-Time Loss Prevention Officer
Permanent · Victorville
KOHLS
Full-Time Loss Prevention Officer
Permanent · Bakersfield
BLOOMINGDALE'S
Division Sales Manager: Bloomingdale’s 59th Street Flagship, Nyc
Permanent · New York
SALLY BEAUTY CORPORATE
Outside Sales Representative - Professional Beauty
Permanent · Kansas City
CLARKS
Assistant Wholesale Marketing Manager
Permanent · Waltham
ADIDAS
Manager Outbound Operations
Permanent · Spartanburg
ADIDAS
Senior Manager, Performance Marketing - Membership (Digital)
Permanent · Portland
ADIDAS
Logistics Manager
Permanent · Pittsburgh
ADIDAS
Technical Manager Maker Lab
Permanent · New York
GAP
Senior Producer- Digital Operations – International Promotions
Permanent · San Francisco
GAP
General Manager- Macarthur Park
Permanent · Irving
HUDSONS BAY COMPANY (HBC)
Analyst, Supply Chain
Permanent · Brampton
PUMA
Analyst, Business Intelligence - Consumer Insights
Permanent · Westford
L'OREAL GROUP
Buyer - (Purchasing/Procurement/Indirect Sourcing)
Permanent · Berkeley Heights
DESIGNER BRANDS
Director, Marketing Advanced Analytics
Permanent · Columbus
THE REALREAL
Sales Analyst, Business Strategy And Analytics
Permanent · San Francisco
THE REALREAL
Authentication And Brand Compliance Lead
Permanent · Perth Amboy
OLD NAVY
Assistant General Manager, Merchandising - Crossroads at Baileys
Permanent · Falls Church
COTY
E-Commerce Key Account Sales Manager
Permanent · New York

Aerin Lauder sells Estée Lauder stock

Published
today May 13, 2019
Share
Download
Download the article
Print
Click here to print
Text size
aA+ aA-

Aerin Lauder, a billionaire business woman, heiress, and granddaughter of Estée Lauder, has sold her stock in her family's beauty company for over $465 million.


Aerin Lauder - Aerin


The sale of 2.8 million shares in Estée Lauder Companies Inc. by Zinterhofer Aerin Lauder Trust was disclosed in a corporate filing to the United States Securities and Exchange Commission. Each share was valued at an average price of $166.21.

According to the filing, Lauder is making the sale for “asset diversification, tax and estate planning and charitable giving purposes”.

Earlier this month, Estee Lauder Companies reported a revenue of $3.74 billion for the quarter, with $1.55 earnings per share, a net margin of 12.45 percent and a return on equity of 43.52 percent. 

Lauder will maintain roughly 6 percent of her stock in the beauty company. She currently maintains an eponymous lifestyle brand, Aerin, which offers items in the categories of fashion, beauty, home décor, entertaining and lighting.

Copyright © 2020 FashionNetwork.com All rights reserved.