Who Owns MAC Cosmetics?
MAC Cosmetics is owned by The Estée Lauder Companies Inc., a publicly traded American multinational beauty company founded by Estée Lauder in 1946. The Estée Lauder Companies trades on NYSE under ticker EL and is headquartered in New York, USA.
Parent Company
The Estée Lauder Companies Inc.
Acquired
1998
Status
Publicly Traded
Headquarters
Toronto, Canada
Who Owns MAC Cosmetics?
- Parent Company: The Estée Lauder Companies Inc.
- Ownership Type: Wholly owned
- Acquisition Year: 1998
- Company Type: Publicly Traded
- Stock Ticker: NYSE: EL
| Brand | Parent Company | Ownership Type |
|---|---|---|
| MAC Cosmetics | The Estée Lauder Companies Inc. | Wholly owned |
History of MAC Cosmetics
- Founded: 1984
- Founders: Frank Toskan, Frank Angelo
- Acquired by The Estée Lauder Companies Inc.: 1998
MAC Cosmetics was founded in 1984 in Toronto, Canada by makeup artists Frank Toskan and Frank Angelo. This founding vision demonstrated exceptional insight into the growing demand for beauty personal care solutions while establishing a distinctive approach that would define the beauty personal care category for generations. The brand was created to meet the needs of professional makeup artists and photographers who required makeup that would perform well under studio lighting and photography conditions. This strategic positioning demonstrated MAC Cosmetics's exceptional ability to create differentiated beauty personal care solutions while maintaining consistent brand positioning and quality standards that would define the brand for decades.
The brand gained rapid recognition for its high-pigment formulas, extensive color range, and professional performance. This period of excellence demonstrated MAC Cosmetics's exceptional ability to scale operations while maintaining consistent brand positioning and quality standards across multiple beauty personal care segments. MAC became known for its bold colors and inclusive approach to beauty, serving all ages, races, and genders. This strategic diversification demonstrated MAC Cosmetics's exceptional ability to serve multiple consumer segments while maintaining its core brand identity and market leadership in the beauty personal care industry.
Throughout the 1990s, MAC expanded globally and became known for its celebrity collaborations and limited-edition collections. This continued evolution demonstrated MAC Cosmetics's exceptional ability to maintain market relevance while adapting to changing beauty personal care requirements and technological advancements. The VIVA GLAM campaign, launched in 1994, became iconic with 100% of proceeds going to HIV/AIDS charities. This continued excellence demonstrates MAC Cosmetics's exceptional ability to maintain market leadership while adapting to changing beauty personal care dynamics and regulatory requirements. This strategic integration demonstrated MAC Cosmetics's exceptional ability to integrate into larger beauty personal care corporations while maintaining its core brand identity and cultural significance in the makeup industry.
In 1998, The Estée Lauder Companies acquired MAC Cosmetics, providing resources for global expansion while maintaining the brand's professional and inclusive identity. This continued evolution demonstrated MAC Cosmetics's exceptional ability to maintain market relevance while adapting to changing beauty personal care requirements and corporate dynamics. MAC has continued to grow as a leader in professional makeup artistry. This continued success represents a significant milestone in the evolution of makeup and consumer-focused beauty personal care solutions. This strategic partnership demonstrated MAC Cosmetics's exceptional ability to leverage corporate resources while maintaining its distinct beauty personal care identity and market leadership. This continued excellence demonstrates MAC Cosmetics's exceptional ability to maintain market leadership while adapting to changing beauty personal care dynamics and regulatory requirements. This strategic integration demonstrated MAC Cosmetics's exceptional ability to integrate into larger beauty personal care corporations while maintaining its core brand identity and cultural significance in the makeup industry.
About The Estée Lauder Companies Inc.
Who owns The Estée Lauder Companies?
The Estée Lauder Companies is publicly traded on the NYSE under EL, but the Lauder family retains majority voting control through Class B shares, which carry ten votes per share. William P. Lauder, grandson of founders Estee and Joseph Lauder, serves as Executive Chairman.
Is Estee Lauder publicly traded?
Yes. The Estée Lauder Companies trades on the New York Stock Exchange under the ticker symbol EL. The company went public in 1995 while the Lauder family retained majority voting control.
What brands does Estee Lauder own?
The Estée Lauder Companies owns Estee Lauder, Clinique, MAC, La Mer, Jo Malone London, Aveda, Bobbi Brown, Origins, Tom Ford Beauty, Bumble and bumble, Le Labo, Too Faced, Smashbox, and other prestige beauty brands.
What is the "Beauty Reimagined" strategy?
"Beauty Reimagined" is the strategic plan launched by CEO Stéphane de La Faverie in fiscal 2025 to return The Estée Lauder Companies to positive sales growth and improved operating profitability in fiscal 2026, following two years of revenue declines driven primarily by China travel retail weakness.
Why did Estee Lauder's sales decline?
The primary driver of Estee Lauder's sales decline from 2023 onward was weakness in China travel retail, where Chinese consumers significantly reduced duty-free beauty purchases. The company also faced broader prestige beauty market headwinds in key markets.
Who is Estee Lauder's CEO?
Stéphane de La Faverie became CEO of The Estée Lauder Companies in January 2025, succeeding Fabrizio Freda who had served as CEO since 2009.
- Founded: 1946
- Headquarters: New York City, New York, USA
- Company Type: Publicly Traded
- Stock: NYSE: EL
Where Is MAC Cosmetics Made / Based?
- Headquarters: Toronto, Canada
- Manufacturing / Operations: Canada, United States, Belgium, China, Various international locations
Brands Owned by The Estée Lauder Companies Inc.
- Clinique - American dermatologist-developed skincare and cosmetics brand known for its alle...
MAC Cosmetics Ownership: Pros & Cons
Advantages
- +Strong professional makeup artistry positioning and credibility
- +Backed by The Estée Lauder Companies' global resources
- +Extensive color range and high-pigment formulations
- +Inclusive beauty approach serving diverse demographics
- +Iconic VIVA GLAM charitable program
Considerations
- -Competition from other professional and indie makeup brands
- -Dependency on department store and specialty retail channels
- -Need for continuous innovation in color and formulation
- -Changing consumer preferences toward clean and natural makeup
- -Premium pricing in competitive cosmetics market
Frequently Asked Questions About MAC Cosmetics
Where to Buy
Disclosure: We may earn commission from purchasesCompetitors to MAC Cosmetics
These competing brands operate in the same categories and provide similar products or services. Compare key attributes to understand market positioning and competitive landscape.
| Brand | Parent Company | Country | Founded | Market Position | Primary Market | Gender Target |
|---|---|---|---|---|---|---|
| Procter Gamble | USA | 1952 | Mass Market | North America | All Genders | |
| Lvmh | France | 1969 | Mass Market | Europe | All Genders | |
| Ulta Beauty Inc | USA | 1990 | Mass Market | North America | All Genders | |
| Kenvue | USA | 1945 | Mass Market | North America | All Genders | |
| Lvmh | United States | 1976 | Mass Market | North America | All Genders | |
| Johnson Johnson | USA | 1993 | Mass Market | North America | Male |
Learn More About Competitors

Olay
Owned by Procter & Gamble
American skincare brand known for its moisturizers, anti-aging products, and innovative beauty formulations.

Sephora
Owned by LVMH
Prestige beauty retailer and cosmetics brand owned by LVMH.

Ultra Beauty
Owned by Ulta Beauty, Inc.
American beauty and cosmetics retailer offering a wide selection of makeup, skincare, and beauty products.

Aveeno
Owned by Kenvue
American brand of skincare and hair care products specializing in natural ingredients and colloidal oatmeal formulations.

Benefit Cosmetics
Owned by LVMH
American beauty brand known for playful makeup products and eyebrow expertise, owned by LVMH.

Clean & Clear
Owned by Johnson & Johnson
American brand of acne treatment and skincare products specializing in oil-control and blemish-fighting formulations for teenagers and young adults.
Competitive Analysis
Market Positioning: MAC Cosmetics competes with 6 brands in the same categories, ranging from mass market to luxury positioning.
Geographic Distribution: Competitors are headquartered across multiple regions, indicating global competition in this market segment.
Brand Heritage: Competitor brands range from established heritage brands to newer market entrants, with founding years spanning several decades.
The Estée Lauder Companies Inc. Stock Information
Jobs at The Estée Lauder Companies Inc.
Latest News About MAC Cosmetics
Related Articles About MAC Cosmetics
View more articlesBeauty Brand Acquisitions: What Changed After the Sale?
When big companies buy indie beauty brands, what actually changes? We examine real cases from CeraVe to Drunk Elephant to find out what happens next.
Is Your Favorite Brand Really Independent? The Truth
Many brands that look independent are owned by massive corporations. Learn how to identify truly independent brands and why ownership matters.
Who Owns Dove? The Unilever Beauty Empire Explained
Dove is owned by Unilever, acquired in 1957. Discover Unilever's beauty portfolio, acquisition strategy, and what it means for consumers in 2026.
People Also Searched
Discover popular brands and companies in the Beauty & Personal Care category and related searches from other users.

Accutane
Prescription dermatology medication containing isotretinoin for treating severe acne, originally developed by Roche. The brand-name Accutane was discontinued in the U.S. in 2009, though generic isotretinoin remains widely available.

Acqua di Parma
Italian luxury fragrance brand known for sophisticated scents and Italian elegance, owned by LVMH.

Always
American feminine hygiene brand known for its menstrual pads, panty liners, and feminine care products.





