Leonard A. Lauder, chairman emeritus of The Estée Lauder Companies, will receive the “Retail Excellence Award” for his outstanding contributions to the retail and beauty sectors, along with his philanthropic endeavors in academia, medicine and art.
The award is being given by the Jay H. Baker Retailing Center at the Wharton School of the University of Pennsylvania and the Retail Leaders Circle. Lauder will receive the award at an Oct. 16 dinner in his honor to be held at the Rainbow Room in New York City.
“Leonard Lauder’s remarkable influence and achievements in the industry are matched only by his generosity as a philanthropist,” Thomas S. Robertson, Joshua J. Harris professor and professor of marketing at the Wharton School, said in a statement. “His business acumen, global vision and innovative ideas are legendary.”