LAUDER BUYS ANOTHER BRAND
By Adnews Staff
For only the second time, Estée Lauder Cos. will be selling cosmetics that aren't its own. The New York company recently bought Bobbi Brown Professional Cosmetics, with the intention of expanding sales worldwide for Bobbi Brown's Essentials line of make up. Bobbi Brown will continue to operate independently. Earlier this year Estée Lauder announced that it would distribute products from Toronto-based MAC Cosmetics in Europe and Asia. Lauder has a minority holding in the Canadian firm.
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