completed the acquisition in 1998, and Frank Toskan sold his remaining shares shortly thereafter before leaving the company at the end of the same year. In 1997, co-founder Frank Angelo died of cardiac arrest during surgery at the age of 49. In 1994, the Estée Lauder Companies took control of 51% of shares of MAC Cosmetics and began managing the business end while the two founders retained creative control. The development of the brand internationally, the opening of new points of sale, and the adaptation of product lines tailored to each continent, left little time for the founders to create new products. In the 1990s, the brand had more than one hundred stores worldwide, earning 200 million francs. Frank Toskan stated that he 'first manufactured makeup for models, but then the models wanted this makeup for their sisters, friends, and so on.

The company's products were intended for makeup professionals, but are sold directly to consumers worldwide.

A MAC Cosmetics store in the SM Aura Premier mall in Bonifacio Global City, Metro Manila, Philippines

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