The Estée Lauder Companies Completes Acquisition of Le Labo
November 03 2014 - 5:25PM
Business Wire
The Estée Lauder Companies Inc. (NYSE:EL) announced today that
it has completed its acquisition of Le Labo, the high-end fragrance
and sensory lifestyle brand with a distinct French heritage and an
emphasis on fine craftsmanship and personalization in its products
and services. Terms of the deal were not disclosed.
Founded in 2006 by fragrance industry veterans Fabrice Penot and
Eddie Roschi, Le Labo provides a highly selective assortment of
exceptional fragrance and sensory lifestyle products in
minimalistic retail environments including the brand’s freestanding
stores in New York, London, Paris, Los Angeles, San Francisco,
Tokyo and Hong Kong, as well as select prestige department stores
in global flagship cities, and the brand’s website.
About The Estée Lauder Companies Inc.
The Estée Lauder Companies Inc. is one of the world’s leading
manufacturers and marketers of quality skin care, makeup, fragrance
and hair care products. The Company’s products are sold in over 150
countries and territories under the following brand names: Estée
Lauder, Aramis, Clinique, Prescriptives, Lab Series, Origins,
M•A•C, Bobbi Brown, Tommy Hilfiger, Kiton, La Mer, Donna Karan,
Aveda, Jo Malone, Bumble and bumble, Darphin, Michael Kors, Flirt!,
GoodSkin Labs, Tom Ford, Coach, Ojon, Smashbox, Ermenegildo Zegna,
Aerin Beauty, Osiao, Marni, Tory Burch, RODIN olio lusso and Le
Labo.
The Estée Lauder Companies Inc.Investor
Relations:Dennis D’Andrea, 212-572-4384orMedia
Relations:Alexandra Trower, 212-572-4430
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