Estee Lauder, the US-based cosmetics and skincare giant, has announced it is acquiring the luxury fragrance division of Decorte, a Japanese high-end beauty brand, for an undisclosed sum. The move is intended to strengthen Estee Lauder’s position in the prestige fragrance market, particularly within the Asia-Pacific region. The acquisition includes Decorte’s entire fragrance portfolio, featuring signature scents known for their “artisanal craftsmanship” and “unique olfactory profiles”. As part of the …
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Estee Lauder
Estee Lauder, the-US based cosmetics firm, has announced that it is to buy make-up brand Too Faced in a deal worth approximately $1.45 billion. Launched in 1998, Too Faced is described as offering “an unabashedly empowering line of cosmetic products for the eyes, face and lips” and as being “beloved for its high-quality, innovative formulas, irreverent product names and distinctive packaging”. Estee Lauder notes that the firm, which is expected …
In the US, Estee Lauder has introduced Nutritious Vitality8, a new product range tailored to Asian skin. Promoted as being “infused with our exclusive Pomegranate8 Complex™ to activate the 8 key dimensions of healthy looking vitality for skin that’s Nourished, Hydrated, Energised, Calmed, Supple, Refined, Smoother, Radiant”, the new Nutritious Vitality8 collection features a Radiant Dual-Phase Emulsion priced at $62, a Moisture Creme priced at $62, an Overnight Creme/Mask priced at $68 …
The Estee Lauder Companies Inc. has announced that it has signed an agreement to acquire Editions de Parfums Frederic Malle for an undisclosed amount. Editions de Parfums Frederic Malle offers a collection of exclusive, ultraluxury fragrances personally curated by Malle, according to an Estee Lauder press release. The deal would enable Frederic Malle fragrances to expand their reach to global markets, the company said. “The Estée Lauder Companies has great …
Continuing the ‘alphabet’ cream trend, Estee Lauder is launching an Enlighten Even Effect (“EE”) Skintone Corrector SPF 30 Cream in Europe. Cosmetics Business reports that the product is based on the company’s new insight into the cycle of pigmentation and the formulas are designed to break the cycle of daily assaults and irritation which leads to hyperpigmentation and dark spots. Cosmopolitan added that the product is designed as an antidote …
It has been announced that Estee Lauder Cosmetics Inc, has raised full-year earnings-per-share guidance for 2014. The company said growth was based on prestige beauty, new product launches and stabilising international markets, and follows a recent announcement by the company that it had recorded double-digit growth in both profits and sales in the third sales. Estee Lauder President and CEO Fabrizio Freda commented: “We had a terrific quarter, with all …
There are more reports that major cosmetics player Estee Lauder may be looking to acquire the British cosmetics company Butter London. Butter London was founded by entrepreneur Sasha Muir and partnering manicurist Nonie Creme. Established in 2005, the company produces hand and nail treatments and pedicures as well as eye, face and lip cosmetics. However it remains best known for its nail lacquers that regularly appear at fashion weeks and …
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