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Exclusive: Estée Lauder Cos. Nearing Beauty Deal With Balmain

By entering into a rare licensing agreement with the French fashion house, the beauty conglomerate would be looking to repeat the success it had turning Tom Ford Beauty into a billion-dollar business.
The finale of a Balmain show.
Estée Lauder is negotiating a licensing deal that would see Balmain launch a beauty line. (Indigital)

Amid reports that The Estée Lauder Cos. is in talks to acquire Tom Ford, the conglomerate appears to have selected a new luxury brand to turn into a beauty giant.

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Further Reading

At Balmain, Does a New Logo Signal New Opportunity?

For the first time in its nearly 80-year history, Balmain is rebranding. But the move is only one element of chief executive Massimo Piombini’s plan to transform the French label from niche player to powerhouse.

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