The mass-market beauty company had $96.8 million in sales for the first half of 2016.
Rights groups applaud the decision as a victory for individual and religious freedom.
Early next year, the Procter & Gamble Co.-owned brand plans to relaunch a revamped and edited collection to both mass and prestige retailers.
The actress interviewed the designer in front of an auditorium full of people Wednesday night at Lincoln Center.
The campaign began as a submission to a contest run by the CFDA/Vogue Fashion Fund.
Lauder made a double debut on both sides of the Atlantic to celebrate the launch of her new fragrance collection.