What: Neiman Marcus will honour Leonard A. Lauder with its 2024 Award for Distinguished Service in the Field of Fashion.

Why it is important: Lauder, the chairman emeritus of the Estée Lauder Cos., is being honoured for his legacy of taking a family business and growing it to be a global leader in beauty and innovation.

The Estée Lauder Cos. and Neiman Marcus have a long and storied relationship. It was one of the early retailers of the Estée Lauder line, was the exclusive retailer for Tom Ford Beauty in the U.S. upon its launch, and today counts a number of Estée Lauder Cos. brands among its assortment, including La Mer, Jo Malone, Aerin and By Killian. The ceremony will be held on November 13 in New York City, and the Lauder company will be invited to create an exclusive activation especially for Neiman Marcus customers, to launch in the next six to eight months

Neiman Marcus to honour Leonard A. Lauder