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Aveda company history timeline

1978

Aveda was founded by Horst Rechelbacher in 1978.

1986

Estimated 1986 sales of Horst & Friends salons and the Horst International Education Center were $5 million.

In 1986, with about 200 students paying $4,500 for a 9-month training program, he expanded the school.

1987

He brought on former Tonka Toys marketing executive Joseph Garcia as president in 1987.

1988

By 1988, product sales in the five-state area exceeded $1 million.

1991

According to a 1991 Corporate Report Minnesota article by Eric J. Wieffering, National Beauty Supply Inc. helped Horst get his products in salons in North Dakota, South Dakota, Iowa, Wisconsin, and Minnesota.

In 1991, Aveda was bringing in about $50 million in revenues, but 85 to 90 percent of all profits were derived from ten haircare products.

1992

The five Horst Salons were sold to David Wagner, president and chief executive office of Horst Salons Inc., in 1992.

1995

Estée Lauder, which claimed almost 45 percent of the United States department store prestige cosmetics, skin care, and fragrance market, had been in an expansion mode since the latter half of 1995.

1996

In mid-1996, Horst told his employees he would be stepping back from the daily operations of the company.

2014

Horst passed away in 2014 at the age of 72.

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Founded
1978
Company founded
Headquarters
Blaine, MN
Company headquarter
Founders
Horst Rechelbacher
Company founders
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Aveda competitors

Company nameFounded dateRevenueEmployee sizeJob openings
Sephora1970$10.0B28,540464
Clinique1968$830,00050-
Neutrogena1930$4.0B750-
Bliss1996$270.0M48639
Elizabeth Arden1910$966.7M1,200-
Illuminations2007$560,0001003
Wise-$1.2M2578
Benefit Cosmetics1976$1.5B4,17816
Three Twins Ice Cream2005$1.6M27-
Caleres1878$2.7B13,400379

Aveda history FAQs

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Aveda may also be known as or be related to Aveda, Aveda Corp, Aveda Corp Ladc, Aveda Corp. and Aveda Corporation.