Estée Lauder acquires prestige fragrance brand

The Estée Lauder Companies Inc is thrilled to today announce it has acquired prestige fragrance brand By Kilian. Sold in more than 40 countries worldwide, By Kilian’s current offering includes fragrances, candles and other accessories, as well as exclusive collections available in certain regions.

“By Kilian is a perfect complement to our portfolio of prestige fragrances. Kilian has built a beautiful and sumptuous brand that elevates the art of perfume creation with elegance and uncompromising luxury. This acquisition gives our company a strategic opportunity to continue to build upon our leadership in ultra-luxury fragrances. We are very excited to work closely with Kilian and the entire By Kilian team to continue building on the brand’s terrific success,” says The Estée Lauder Companies Inc president and chief executive officer Fabrizio Freda.

By Kilian founder and CEO Kilian Hennessy adds: “I could not imagine a better home for my brand. The Estée Lauder Companies not only understands the philosophy behind By Kilian – which is to bring perfumery back to the level of luxury that it enjoyed in the early 20th century – but also has the resources and support to help By Kilian continue to strategically grow by category, region and distribution. The company has an incredible track record of nurturing entrepreneurial brands, and I’m thrilled to be partnering with them.”

The Estée Lauder Companies Inc executive chairman William P. Lauder concludes: “Kilian’s heritage of sophistication and luxury is a terrific match for The Estée Lauder Companies. One of our leading strengths is the ability to identify brands with unique positioning and nurture them to realise 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.”