Estée Lauder acquires Le Labo

Estée Lauder has signed an agreement to acquire Le Labo (“The Lab”), a high-end fragrance and lifestyle brand with a French heritage. Terms of the deal were not disclosed. The acquisition is expected to close in November 2014. Founded in 2006 by fragrance industry veterans Fabrice Penot and Eddie Roschi, Le Labo provides a selective assortment of exceptional fragrance and…

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