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Stila Cosmetics Inc

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BUSINESS
August 6, 1999 | RYAN CORMIER, TIMES STAFF WRITER
Estee Lauder Cos., snapping up another niche player in the $6-billion prestige beauty market, said Thursday that it acquired Stila Cosmetics Inc., the 5-year-old Los Angeles-based firm founded by a former makeup artist. The terms of the Stila deal were undisclosed, but Estee Lauder spokeswoman Karen O'Connor said the acquisition fits the overall strategy of the cosmetics company, which currently coddles 12 brands under its corporate umbrella.
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BUSINESS
August 6, 1999 | RYAN CORMIER, TIMES STAFF WRITER
Estee Lauder Cos., snapping up another niche player in the $6-billion prestige beauty market, said Thursday that it acquired Stila Cosmetics Inc., the 5-year-old Los Angeles-based firm founded by a former makeup artist. The terms of the Stila deal were undisclosed, but Estee Lauder spokeswoman Karen O'Connor said the acquisition fits the overall strategy of the cosmetics company, which currently coddles 12 brands under its corporate umbrella.
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