Women's Wear Daily is reporting (subscription required) that Stila Cosmetics, which has been struggling in recent weeks, has been acquired by a private equity concern. Stila, which was owned by Estee Lauder until 2006, temporarily closed its website (and perhaps the entire company) in late March. The sale of Stila would presumably allow the brand to continue operations and pursue new initiatives.
Breaking: Stila Cosmetics sold
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Timely Demise tracks the retail industry as it changes with our unprecedented economic environment. Published by David Wertheimer. Did I miss something? Drop me a line.
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This page contains a single entry by David Wertheimer published on April 19, 2009 10:44 PM.
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