The Estée Lauder Companies completes its acquisition of Too Faced
Source: The Estée Lauder Companies , Author: Posted by BI-ME staff
Posted: Tue December 20, 2016 10:44 am

NEW YORK -- [ME NewsWire]-- The Estée Lauder Companies Inc. (NYSE: EL) announced today that it has completed its acquisition of Too Faced, the feminine, playful makeup brand renowned for high-quality, stylish cosmetics that consumers love.

Launched in 1998 by cosmetics visionaries Jerrod Blandino and Jeremy Johnson, and currently led by Johnson, Blandino and Eric Hohl, Too Faced offers an unabashedly empowering line of cosmetic products for the eyes, face and lips.

Beloved for its high-quality, innovative formulas, irreverent product names and distinctive packaging, Too Faced creates an emotional, authentic connection with consumers and has developed a strong following and built a vibrant community among millennials who are passionate about social media, fashion and pop culture.

Too Faced has over 7.6 million Instagram followers and is among the top eight makeup brands in the specialty-multi channel in the United States.

About The Estée Lauder Companies Inc.
The Estée Lauder Companies Inc. is one of the world’s leading manufacturers and marketers of quality skin care, makeup, fragrance and hair care products. The Company’s products are sold in over 150 countries and territories under brand names including: Estée Lauder, Aramis, Clinique, Prescriptives, Lab Series, Origins, Tommy Hilfiger, M·A·C, Kiton, La Mer, Bobbi Brown, Donna Karan New York, DKNY, Aveda, Jo Malone London, Bumble and bumble, Michael Kors, Darphin, Tom Ford, Smashbox, Ermenegildo Zegna, AERIN, Tory Burch, RODIN olio lusso, Le Labo, Editions de Parfums Frédéric Malle, GLAMGLOW, By Kilian, BECCA and Too Faced. 

 

MIDDLE EAST BUSINESS COMMENT & ANALYSIS

date:Posted: April 27, 2017
INTERNATIONAL. If history shows us that science has spawned so many unintended discoveries, what is around the next corner of unintended scientific breakthroughs?
date:Posted: April 27, 2017
SAUDI ARABIA. Increase in foreign direct investment seen as part of efforts to diversify the economy and boost investment inflows into the kingdom; National Transformation Programme updates to be revealed at Saudi Forum 2017.
date:Posted: April 26, 2017
UAE. New PwC report finds an increasing need for mid-market accommodations to cater to a younger generation that does not put much emphasis on star ratings; Emerging markets will overtake developed markets as a tourism and hospitality destination but also as key provider of customers.
SAUDI ARABIA. Increase in foreign direct investment seen as part of efforts to diversify the economy and boost investment inflows into the kingdom; National Transformation Programme updates to be revealed at Saudi Forum 2017.
dhgate