Today's Fashion Headlines: Estée Lauder Acquires Le Labo, John Galliano Collaborators, Uncertain Future for Luxury Brands
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 …