Shares in the Manhattan-based company, founded and controlled by New York’s Lauder family, plunged as much as 18% after Estée ...

In market capitalization terms, the stock tumble of the last three years has stripped more than $100 billion from the company ...

Joseph Lauder, in New York City. Initially starting with just four products - skin creams and lotions - the brand grew rapidly thanks to Estée’s personal selling approach, demonstrating her ...