Estée Lauder Poised to Shop Again After Deal Drought

Estée Lauder Pure Colour Campaign | Source: Estée Lauder

NEW YORK, United States —The $27 billion cosmetics giant is on the verge of its longest stretch without a purchase in at least 19 years, according to data compiled by Bloomberg. The New York-based company hasn’t announced any acquisitions since Smashbox Beauty Cosmetics Inc. in May 2010.

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Estee Lauder’s Granddaughters Become Billionaires on Beauty Boom

Aerin Lauder and Jane Lauder | Source: Estée Lauder

NEW YORK, United States — Aerin and Jane Lauder, the granddaughters of Estee Lauder, the late founder of the beauty products company that bears her name, have become billionaires amid a bull market for cosmetics companies.

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The China Edit | Asian Catwalk Queens, Furla Accelerates Store Openings, Cute Gives Way to Cool, Animal Testing Complicates L’Oréal Expansion

Liu Wen | Stockholm Street Style

The China Edit is a weekly curation of the most important fashion business news and analysis from and about the world’s largest luxury market.

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Estee Lauder Eyes Buoyant Cosmetics Demand in Africa

MAC Cosmetics store | Source: MAC Cosmetics

JOHANNESBURG, South Africa — Estee Lauder plans to expand its presence in sub-Saharan Africa by rolling out its $1 billion brands, Clinique and MAC, to tap into strong demand for luxury cosmetics among the region's middle class, a company executive said on Wednesday.

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Shanghai express, Calm after storm, Kors strengthens, Italy’s shoemakers, Parsons in Paris

Gucci Autumn/Winter 2012 | Source: Gucci

Frida Giannini: Gucci’s Shanghai express (Telegraph) “Gucci’s first two shops on the Chinese mainland opened in Beijing and Shanghai in 1997, three years after Tom Ford started to transform the brand. Today there are 53 stores across 33 cities, and counting. So it is not surprising that Giannini has decided to spend some time getting to know Shanghai before continuing on to Seoul in South Korea for a store opening

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Make or break New York fashion week, Zara in India, Monique Lhuillier, Lauder cuts jobs

aniel Silver and Steven Cox of Duckie Brown; Lisa Mayock of Vena Cava; Andrew Buckler; Sophie Buhai, photo courtesy of the New York Times

The Make or Break Season (New York Times) “The age of the young designer, however, may be coming to an end.” Zara’s Inditex latest to join the stampede to open India stores (The Spectator) Zara, the Spanish fast fashion chain, will open in India. Monique Lhuillier’s New Lower-Priced Gowns (WSJ) Responding to the requests of retailers, Monique Lhuillier will now offer evening gowns that will retail around $2,500. Lauder

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