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In Brief: Estee Lauder/Donna Karan

This article was originally published in The Rose Sheet

Executive Summary

Estee Lauder/Donna Karan: Licensing agreement giving Lauder exclusive worldwide rights to manufacture, distribute, market and sell beauty products under the Donna Karan New York and DKNY trademarks closed Nov. 10. Following a transition period, Estee Lauder will assume sales to retailers Feb. 1, Karan announced. Estee Lauder USA President and CEO Robin Burns will head the Donna Karan beauty division ("The Rose Sheet" Oct. 6, p. 5). In a Nov. 11 announcement, Donna Karan said it would eliminate 79 positions in its beauty division related to the spin off...
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