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Deal for high-end brand expected to close in November.
October 15, 2014
By: TOM BRANNA
Editor
Estée Lauder is getting even more selective. The company will acquire Le Labo (“The Lab”), a high-end fragrance and sensory lifestyle brand with a distinct French heritage and an emphasis on fine craftsmanship and personalization in its products and services. 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 fragrance and sensory l...
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