The Endless friends and family promotion of 20% off runs through May 20th, so don’t miss it if you need some pretty new shoes (and a matching bag) for the Spring or Summer!
Enter promo code MYFRIEND at checkout. Click HERE to head over to Endless.
Raging Rouge Beauty Blog: For Makeup Lovers Everywhere!
The Endless friends and family promotion of 20% off runs through May 20th, so don’t miss it if you need some pretty new shoes (and a matching bag) for the Spring or Summer!
Enter promo code MYFRIEND at checkout. Click HERE to head over to Endless.
Planning to enjoy long, early-morning hikes this Summer? Outdoorsy types like you will LOVE CLEAN Outdoor Shower Fresh, new for Summer 2010!
Imagine showering in a cool, fresh waterfall, at the end of a stream running through a meadow of flowers. That’s the exact scent of CLEAN Outdoor Shower Fresh! There’s something very tranquil about this scent. I’ve been applying this scent on days I just know will be hectic. It’s like mobile aromatherapy!
Worth mentioning AGAIN: CLEAN has recently reformulated all of their scents. Harsh chemicals have been removed and replaced with botanicals and essential oils. Packaging is entirely recyclable. In other words… CLEAN is now cleaner than ever!
Retail price is $69 for a 2.14 fl. oz. spray bottle, and $38 for a 1 fl. oz. spray bottle. Outdoor Shower Fresh by CLEAN is available at Sephora.com.
The author of the Raging Rouge Beauty Blog received press samples for purposes of this makeup review / product review. For more information on sample policies, please click HERE to read my full disclosure statement.
Huge news from Estee Lauder today! The Estee Lauder Companies, Inc. will be acquiring Smashbox Beauty Cosmetics! What a fantastic addition to the ELC family!
Full press release is below, for your reading pleasure.
THE ESTÉE LAUDER COMPANIES INC. TO ACQUIRE
SMASHBOX BEAUTY COSMETICS, INC.
Premier Photo Studio-Inspired, Hollywood Cosmetics Brand To Enhance Company’s Portfolio, Widen Prestige Channel Distribution, Extend Digital Expertise and Offer Global Expansion Opportunities
NEW YORK, NY – May 17, 2010 – The Estée Lauder Companies Inc. (NYSE: EL) announced today that it has signed a definitive agreement to acquire Smashbox Beauty Cosmetics, Inc., a privately held, photo studio-inspired prestige cosmetics company based in Los Angeles, California. The acquisition is expected to close in July 2010, subject to certain conditions, including regulatory approval. While terms of the deal were not disclosed, the Company said that the transaction is expected to be accretive to earnings in fiscal year 2011, before transaction and integration costs.
The Smashbox brand, with its unique equity positioning, is a strategic complement to The Estée Lauder Companies’ portfolio of leading prestige cosmetic brands. Smashbox’s significant presence in assisted open-sell environments and specialty distribution channels will expand The Estée Lauder Companies’ product offerings and reach new and younger consumers in these high-growth prestige channels. Additionally, The Estée Lauder Companies will leverage its extensive international experience as it seeks to grow the brand and engage Smashbox’s expertise in digital and social media to advance its current capabilities, an important and growing competency for the Company.
Smashbox Beauty Cosmetics was founded in 1996 by brothers Dean and Davis Factor, great-grandsons of the makeup legend Max Factor, who were inspired by photo studio celebrities to create a unique makeup brand that met the highly demanding needs of a professional photo shoot. Since that time, Smashbox has established itself as a highly successful prestige cosmetics brand and a top performer in specialty channels. Currently, the majority of Smashbox’s sales are based in North America.
William P. Lauder, Executive Chairman of The Estée Lauder Companies, said, “One of the enduring strengths of The Estée Lauder Companies is our ability to identify brands with unique positioning and nurture those brands to accelerate their momentum and realize their full growth potential. The addition of Smashbox to our portfolio continues this 64-year legacy. We expect that with our strong cultural synergies and shared appreciation for family heritage, this will be a wonderful union.”
“Smashbox, like The Estée Lauder Companies, is a creativity-driven, consumer-inspired organization with great talent,” said Fabrizio Freda, President and Chief Executive Officer of The Estée Lauder Companies. “Adding Smashbox to our portfolio of brands will help strengthen our presence in prestige specialty channels worldwide, increase our product offerings in this important category and enhance our capabilities in digital media and direct response television. We are energized by the promising momentum of Smashbox and believe the brand will help attract new and younger consumers to The Estée Lauder Companies all over the world.”
“The Estée Lauder Companies is the ideal home for Smashbox,” said Dean Factor, co-founder and Chief Executive Officer, Smashbox Beauty Cosmetics, Inc. “The Company possesses the scale and vision to help transition Smashbox into its next phase of growth, and its track record of nurturing and growing prestige brands is second to none. Moreover, we share a similar cultural heritage and dedication to consumer-inspired innovation and creativity. We expect to benefit greatly from The Estée Lauder Companies’ extensive knowledge in product development, operational execution, and international marketing and distribution, and we look forward to the next great period of growth for the brand.”
“Smashbox is the leading Hollywood photo studio-inspired cosmetics brand with a devoted following and timeless appeal,” said John Demsey, Estée Lauder Companies’ Group President, responsible for the Estée Lauder, M•A•C, Tom Ford, Prescriptives, Bobbi Brown, Jo Malone, La Mer brands and after closing, Smashbox. “We are excited to be acquiring a uniquely positioned cosmetics brand with true talent well known for engaging consumers across prestige channels and in the digital media space. Smashbox fits perfectly within our DNA, and we look forward to continuing to delight our consumers together.”
The Estée Lauder Companies will collaborate with the Smashbox organization to develop a comprehensive integration plan to transition Smashbox into The Estee Lauder Companies’ family after closing. Dean Factor, co-founder and Chief Executive Officer, Davis Factor, co-founder, Chief Creative Office and celebrity photographer, and Budd Taylor, President, will each play key roles with respect to these activities and the continued success of Smashbox. Smashbox will continue operating out of its Los Angeles, California office.
The forward-looking statements in this press release, including those in the quoted remarks and those relating to the expectations for closing the acquisition, the impact on the Company’s financial results and the benefits of the acquisition, involve risks and uncertainties. Factors that could cause actual results to differ materially from those forward-looking statements include current economic and other conditions in the global marketplace, actions by retailers, suppliers and consumers, competition, the Company’s ability to successfully integrate the acquired business and/or implement its long-term strategic plan, and those described in the Company’s annual report on Form 10-K for the year ended June 30, 2009.
About The Estée Lauder Companies Inc.
The Estée Lauder Companies Inc. is one of the world’s leading manufacturers and marketers of quality skin care, makeup, fragrance and hair care products. The Company’s products are sold in over 140 countries and territories under the following brand names: Estée Lauder, Aramis, Clinique, Prescriptives, Lab Series, Origins, M•A•C, Bobbi Brown, Tommy Hilfiger, Kiton, La Mer, Donna Karan, Aveda, Jo Malone, Bumble and bumble, Darphin, Michael Kors, American Beauty, Flirt!, Good Skin(TM), Grassroots Research Labs, Sean John, Missoni, Daisy Fuentes, Tom Ford, Coach and Ojon.
Hearing that CLEAN has launched a new scent is enough to lift my spirits. Hearing they’ve launched TWO? Pure bliss!
Equally uplifting is the zesty cirtus scent of CLEAN Summer Linen. The blend of crisp Bergamot, Italian Limoncello (also used in CLEAN Summer) and Mirabelle Plum is fresh, light, sweet and just overall perfect for the Summer months!
BIG NEWS! CLEAN has also reformulated all of their scents. Harsh chemicals have been removed and replaced with botanicals and essential oils. Packaging is entirely recyclable. In other words… CLEAN is now cleaner than ever!
Retail price is $49 for a 2.14 fl. oz. spray bottle. Summer Linen by CLEAN is available at Sephora.com.
The author of the Raging Rouge Beauty Blog received press samples for purposes of this makeup review / product review. For more information on sample policies, please click HERE to read my full disclosure statement.
I have all sorts of lame excuses for neglecting to announce the launch of MAC Cosmetics Pret-A-Papier collection… but won’t waste your time with them! Instead, check out this swatch of Kraft Lipstick from the limited-edition Spring 2010 collection.
In the tube, Kraft lipstick appears to be a too-dark-for-spring shade of brown. When applied, it looks much lighter, a warm shade of caramel that is absolutely perfect now… and even through Fall!
Other lipstick shades from MAC Cosmetics Pret-A-Papier include: Archetype (sheer light gold, lustre finish), Dressmaker, Dressmaker (creamy light peach coral, lustre finish) and Made To Order (creamy midtone dirty coral, lustre finish).
Retail price is $14.
Click HERE to shop at MAC online.
Click HERE to buy MAC at Nordstrom online.
Click HERE to shop MAC at Macy’s.
The author of the Raging Rouge Beauty Blog received press samples for purposes of this makeup review / product review. For more information on sample policies, please click HERE to read my full disclosure statement.