Estée Lauder To Buy GLAMGLOW

(RTTNews) - Estée Lauder Companies Inc. (EL) said Friday that it has signed an agreement to buy GLAMGLOW, the Hollywood skin care brand focused on fast-acting treatment masks designed to deliver stunning, camera-ready results.

Terms of the deal, which is expected to close in January, were not disclosed.

Founded in 2010 by Glenn and Shannon Dellimore, GLAMGLOW is a prestige skin care brand, designed for men & women of all ages and all skin types, offering an exclusive collection of high-end treatment masks that help give skin a gorgeous, spotlight-ready glow. Originally known as "Hollywood's Boutique Secret" for its ubiquity on Hollywood sets, GLAMGLOW now has a robust presence in global specialty-multi channels, including Sephora and Douglas, and in select high-end department stores, such as Neiman Marcus, Selfridges, Harvey Nichols, Bloomingdale's and, starting in January 2015, Nordstrom.

The current GLAMGLOW line includes five easy-to-use mud-based facial skin mask products, formulated with a patented TEAOXI leaf-steeping technology, to effectively brighten, hydrate, refine or clear the skin. Each mask is specifically designed to address a specific skin care concern: the original GLAMGLOW product, YOUTHMUD, exfoliates for anti-aging effects, while SUPERMUD is a clearing treatment formulated for problem skin. THIRSTYMUDTM hydrates and POWERMUDTM deep cleanses, while BRIGHTMUD eye treatment visibly plumps and brightens the under eye area. In January 2015, GLAMGLOW will launch a new range of 'mud to foam' daily cleansers. Additionally, GLAMGLOW offers various limited edition products and gift sets.

The brand will be overseen by John Demsey, Estée Lauder Group President, responsible for Estée Lauder, M·A·C, Tom Ford, Prescriptives, Bobbi Brown, Bumble and bumble, Jo Malone London, La Mer, Smashbox, Aramis & Designer Fragrance brands, Le Labo, and RODIN olio lusso.