THE WHAT? The Estee Lauder Corporations and Balmain are mentioned to be negotiating phrases of a possible deal that might see the US status magnificence agency develop a cosmetics line for the French trend model, in response to a report printed by WWD.
THE DETAILS Each firms declined to remark when contacted by WWD in regards to the rumors. Balmain’s supply presently features a skilled hair care line.
THE WHY? Balmain is presumably hoping to observe within the footsteps of the various trend manufacturers which have developed a profitable magnificence supply. In the meantime, Lauder is presumably on the lookout for the following ‘Tom Ford’ for its portfolio.