A new distribution center located in Galgenen will accommodate the global Travel Retail business of Estée Lauder Companies (ELC). The center was officially opened on 7 June. The company currently has four distribution centers in Switzerland.
Travel Retail covers the world of duty-free environments including airports, town and city centers, airlines, cruises and border shops. According to a press release, this is one of the highest growth channels for the global prestige beauty brand’s products, reaching over three billion consumers a year. In 2021, it accounted for 28 percent of ELC’s sales.
“The opening of our new Galgenen distribution center will enable us to adapt even better to ever-changing retail needs and growth opportunities for the channel, and expand upon our existing distribution presence in Switzerland,” said CEO Fabrizio Freda.
“Galgenen will serve as a cornerstone of The Estée Lauder Companies’ agile, global fulfillment network,” said Roberto Canevari, Executive Vice President. “Additionally, we are proud that Galgenen is also a shining example of ELC’s commitment to safety, quality, and sustainability.”
ELC opened its affiliate office in Switzerland more than 55 years ago and its first manufacturing plant more than 45 years ago. Today, the company is the fifth largest employer in the canton of Schwyz.
Why Greater Zurich Area
As a global leader in innovation and talent attraction, combined with Switzerland’s business friendly, stable and reliable environment, Greater Zurich offers international companies real added value for strategic expansion.