Estee Lauder Increasing Focus On Its Fragrance Business With Another High End Brand Acquisition

Estee Lauder announced recently that it had acquired By Kilian, a Paris based prestige fragrance brand, for an undisclosed sum. By Kilian was founded in 2007 and is sold in 40 countries worldwide (primarily in North America, Europe and the Middle East) through freestanding stores and select prestige departmental stores. Its product offerings include candles and other accessories apart from fragrances. Towards the end of 2014, Estee Lauder had acquired both Le Labo, a high end fragrance and senso...