Prestige beauty continues to be one of the most desirable consumer sectors. The Estée Lauder Companies Delivered Outstanding Fiscal Year 2019 Results The Estée Lauder Companies reported outstanding financial results for its fiscal year ended June 30, 2019. Net sales of $14.86 billion increased 9% from $13.68 billion in the prior year. … Read more
Becca Cosmetics’ weightless, water-rich concealer uses the science of light to blur imperfections, cover dark circles and conceal blemishes & hyperpigmentation. Beccas’s Ultimate Coverage shades are now entering Estée Lauder Companies’ portfolio. Terms of the deal were not disclosed while the acquisition is expected to close this November. Launched in 2001, BECCA Cosmetics has experienced exceptional … Read more
Estee Lauder invests in Korean beauty brand Dr. Jart+. Global consumers look to Korea as a trendsetting market in beauty, and the Dr. Jart+ brand is part of the reason why. The Estée Lauder Companies announced that it has signed an agreement to purchase an interest in Have & Be Co., the South Korean company … Read more
The Estée Lauder Companies to Acquire Editions de Parfums Frédéric Malle. Editions de Parfums Frédéric Malle, the storied fragrance brand established by the iconic perfumer Frédéric Malle, will enter The Estée Lauder Companies’ portfolio. While the acquisition is expected to close in January 2015, the terms of the deal were not disclosed. Editions de Parfums … Read more
Estée Lauder is becoming a bigger and a stronger high-end beauty conglomerate this year. The latest acquisition in The Estée Lauder Companies portfolio is RODIN olio lusso, a luxury skin care brand founded by the iconic New York stylist Linda Rodin. Terms of the deal were not disclosed. Founded in 2007, Rodin olio lusso – … Read more
East-meets-West: Estee Lauder releases Asian premium skincare line Estée Lauder cosmetics conglomerate sells 12 of its 28 cosmetics brands in China, but the Chinses beauty market deserves more. The beauty group focuses the company’s resources on markets with the greatest growth potential. Beginning this October, EstéeLauder introduces a premium beauty line called “Osiao” (pronounced O-shao), … Read more