In July, sources conversant in the matter reported that The Estee Lauder Companies was in talks to buy luxurious model Tom Ford in what could possibly be a $3 billion deal. Now, the corporate is rumored to be in talks with Balmain, a French luxurious home, to create a brand new magnificence line.
If the alliance involves fruition, it wouldn’t be the Paris-based trend home’s foray into the world of magnificence; Balmain’s steady at present contains haircare merchandise and equipment.
Balmain performed extra within the designer perfume enviornment within the early 2000s, with licenses together with Donna Karan, Tommy Hilfiger and Tory Burch, however shed these manufacturers during the last couple of years in favor of a method centered on luxurious area of interest perfume manufacturers like Editions de Parfum Frédéric Malle, By Killian and Le Labo.
Representatives from each corporations declined to touch upon the revealed stories.
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