Estee Lauder Cos. is due for a deal.
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.
When Estee Lauder Cos. opened a store selling M.A.C. makeup in Lagos, Nigeria, this month, it didn’t have much company.
Estee Lauder Cos. was accused in an antitrust lawsuit of improperly helping squeeze Duty Free Americas Inc.’s stores out of airports.
Estee Lauder Cos. , the maker of Clinique and Bobbi Brown cosmetics, agreed to acquire Smashbox Beauty Cosmetics Inc. to boost sales among women ages 18 to 35, who buy its products in shops such as Sephora.
In the late 1990s a relative from Central America gave Denis Simioni a baby-food jar filled with a brown gloop that seemed to restore luster to dry hair.
Estee Lauder Cos. said sales of its Mac cosmetics in Japan are exceeding those of the wider cosmetics market, as the world’s second-largest economy emerges from its worst postwar recession.