By Buy Smashbox; Estee Lauder Acquires Smashbox Beauty Cosmetics

In a press release issued on July 1, 2010, Estee Lauder announced it had completed the acquisition of Smashbox Beauty Cosmetics, terms of the deal were not disclosed.

This is especially sad for makeup artists and makeup lovers who love quality items.  Look at what Estee Lauder did to m.a.c. cosmetics!  It is only a small amount of time that Smashbox’s quality will be lessened, prices heightened and your favorite products to disappear.

Estee Lauder (NYSE: EL), the family led beauty giant also own the following:

  • Aramis
  • Clinique
  • Prescriptives
  • Lab Series Skincare for Men
  • Origins, Tommy Hilfiger
  • Kiton
  • La Mer
  • Bobbi Brown
  • Donna Karan
  • Aveda
  • Jo Malon
  • Bumble and Bumble
  • M.A.C.
  • Michael Kors
  • Darphin
  • American Beauty
  • Flirt!, Good Skin Labs
  • Grassroots Research Labs
  • Sean John
  • Missoni
  • Daisy Fuentes
  • Tom Ford
  • Coach
  • Ojon

http://www.elcompanies.com/corporate_newsroom/news_releases/news_release.asp?compid=109458&releaseID=1443800

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