Estée Lauder Purchasing Le Labo Estée Lauder Cos. Inc. has signed a deal to purchase Le Labo, an indie fragrance brand. Cofounders Fabrice Penot and Eddie Roschi released a joint statement calling Lauder “the ideal home” for their brand. “The Estée Lauder Cos. not only understands and respects the core elements of our business, but …
Coty to Acquire Chanel Beauty In a surprising move, Coty Inc. has announced plans to acquire Chanel Beauty from Bourjois in a deal worth an estimated $239 million. The move gives the French luxury house a 4.2 percent stake in Coty. “I’m not surprised that Coty made an acquisition, as it’s always on the hunt for …
Bottega Veneta Taps Ryan McGinley Bottega Veneta is solidifying its ties with the art world, partnering with famed American photographer Ryan McGinley for its resort 2015 advertising campaign. The gorgeous images, which were shot at New York’s Botanical Garden, will make their debut in the November issues of fashion magazines. There will also be a behind-the-scenes video …
Victoria Beckham’s first store on Dover Street in London is set to open tomorrow! The 6,040-square-foot boutique has three floors and was designed by famed architect Farshid Moussavi. “I wanted a space that was conceptual- but also warm and welcoming. There’s lots of room to hang clothes- and flattering lighting. I wanted the store to …
Best Buy Unveils Designer Tech Accessories Nanette Lepore, Anna Sui and Isaac Mizrahi have each designed a new line of tech accessories exclusively for Best Buy. The collections include phone, tablet and laptop cases, which are currently available for pre-order at bestbuy.com. The accessories will launch in stores on October 5th. Smartphone cases are priced …
