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Stock Market & Financial Investment News

News Breaks
February 5, 2013
09:54 EDTELEstee Lauder says luxury brands, including La Mer, Tom Ford, are thriving
Says affluent customers "spending freely". Says emerging markets continue to deliver most rapid growth. Sees further expansion opportunities into smaller cities in China for years to come. Comments made on the Q2 earnings conference call.
News For EL From The Last 14 Days
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October 15, 2014
08:04 EDTELEstee Lauder acquires Le Labo
Estée Lauder announced that it has signed a definitive agreement to acquire Le Labo. Terms of the deal were not disclosed. The acquisition is expected to close in November. Le Labo will be overseen by John Demsey, The Estée Lauder Companies’ Group President, responsible for Estée Lauder, M·A·C, Tom Ford, Prescriptives, Bobbi Brown, Jo Malone, La Mer, Bumble and bumble, Smashbox and Aramis & Designer Fragrances.

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