Industry News

Lauder Bets On Latin-American Luxury Fragrance

The Happi Top 50 Company’s first minority investment in Mexican luxury fragrance brand XINÚ underscores its commitment to champion local entrepreneurship.

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By: Lianna Albrizio

Associate Editor

The Estée Lauder Companies Inc. is betting on Latin-American luxury fragrance. The Happi Top 50 Company has made a minority investment in XINÚ, a Mexican luxury fragrance brand inspired by the abundance and exoticism of the American continent. The investment, made possible via its early-stage investment and incubation arm, New Incubation Ventures (NIV), marks the first time the legendary brand has invested in a Latin American brand. NIV partners with forward-thinking founders and entrepren...

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