February 25, 2016
Kilian Hennessy 2007 photo from Kilian Hennessy
By Kilan, founded by Creative Director Kilian Hennessy, who began his career at Dior, worked with the Puig Group on Paco Rabanne, then the Gucci Group on Alexander McQueen and L’Oreal on Giorgio Armani before starting his company in 2007 with six perfumes and one counter at Bergdorf Goodman, has sold the brand to Estee Lauder Companies. Lauder has built up a portfolio of luxury, emerging and formerlyindependent brands such as M·A·C Cosmetics, Tom Ford Beauty, Prescriptives, Bobbi Brown, Jo Malone London, Smashbox, RODIN olio lusso, Le Labo, Editions de Parfums Frédéric Malle, and GLAMGLOW.
According to Businesswire.com: “Kilian’s heritage of sophistication and luxury is a terrific match for The Estée Lauder Companies,” said William P. Lauder, Executive Chairman, The Estée Lauder Companies Inc. “One of our leading strengths is the ability to identify brands with unique positioning and nurture them to realize their full growth potential. We are so pleased to partner with Kilian to continue this legacy, and we welcome him and his team to our family.”
Details of the financial transaction and were not disclosed
Michelyn Camen, Editor in Chief