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June 10, 2011
By: TOM BRANNA
Editor
Is the world eagerly awaiting the debut of a color cosmetics line from a fashion designer? John Demsey of Estée Lauder certainly thinks so, and he told Women’s Wear Daily that the launch of Tom Ford’s beauty brand will represent a new paradigm for the industry. Since forming their relationship in 2005, Tom Ford’s beauty business with Lauder has reached $150 million at retail, with 95% of that total coming from fragrance, according to sources. Now, Ford wants more. In Sept...
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