MAC Cosmetics History
MAC Cosmetics Company History Timeline
As the magazine credits racked up and word-of-mouth popularity grew, the duo launched M·A·C in March 1984 from a counter in a Toronto department store.
Two men, fashion photographer Frank Toskan and salon chain owner Frank Angelo launched their fashion forward line in Toronto in 1985 to meet the high demands of entertainment and beauty professionals.
With a small team of family members, including Toskan’s mom, the company took the next step in 1985 by opening its first public retail store in New York City’s West Village.
The first U.S M·A·C store opened in 1991, in New York.
in 1994, M.A.C. launched their very first VIVA GLAM campaign.
Part of the Estée Lauder Companies since 1994, M·A·C is sold today in over 120 countries around the world.
Other cosmetics brands took notice, too, and one year later, in 1995, the pair sold half their brand to the Estée Lauder Companies.
Five years later it opened another branch in Paris in 1996.
In 1997, co-founder Frank Angelo died of cardiac arrest during surgery at the age of 49.
Estée Lauder Inc. completed the acquisition in 1998, and Frank Toskan decided to sell his remaining shares shortly thereafter before leaving the company at the end of the same year.
MAC is the official makeup sponsor for Wicked (and many other productions), so ponder just for a moment the reach MAC has had since Wicked opened in 2003.
In September 2012, MAC Cosmetics launched in India firstly the "MAC Selena" collection in collaboration with the estate of Selena Quintanilla Perez.
In May 2017, MAC Cosmetics became available for purchase online at Ulta Beauty.
In May 2018, Sephora Canada announced it would be carrying MAC Cosmetics online and in its stores.
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MAC Cosmetics Similar Companies
| Company Name | Founded Date | Revenue | Employee Size | Job Openings |
|---|---|---|---|---|
| Bobbi Brown Cosmetics | 1991 | $5.0M | 1,765 | - |
| Christian Dior | - | $50.6B | 163,309 | 4 |
| CHANEL | 1956 | $11.0B | 20,000 | 53 |
| Glamour Shots | 1972 | $8.5M | 180 | - |
| Sephora | 1970 | $10.0B | 28,540 | 945 |
| Neiman Marcus Group | 1907 | $4.9B | 13,500 | 214 |
| Lord & Taylor | 1826 | $1.4B | 9,000 | 1 |
| Saks Fifth Avenue | 1924 | $1.9B | 12,900 | - |
| Bloomingdale's | 1872 | $2.8B | 302 | 383 |
| Ulta Beauty | 1990 | $8.6B | 37,000 | 3,541 |
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