
Estée Lauder Cos Nearing Beauty Deal With Balmain
UNITED STATES — American multinational manufacturer and marketer of prestige skincare, makeup, fragrance and hair care products, The Estée Lauder Cos. is said to be in talks with Balmain for a beauty license.
At the time of this post, both companies declined to comment on the published reports.
If the deal does go through, the Mayhoola owned-brand would add another high luxury name to Lauder’s stable, which in addition to Ford includes Michael Kors.
In related Estée Lauder news, the beauty giant is considering an acquisition of Tom Ford’s fashion operations (see it here).
Photos Credit: Mert Alas and Marcus Piggott