Louis Vuitton Becomes Hermes Shareholder

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A headline that reads, “LVMH Becomes a Shareholder of HERMES INTERNATIONAL” will make any discerning stylista do a double take.

And that I did when I read LVMH Moët Hennessy Louis Vuitton’s announcement on Saturday.

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OMG at Oxygen’s Fall Lineup!

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OK, Oxygen! We hear you loud and clear.

Seems like the cable network is pulling out all the stops to appeal to “Generation O”–the hip, on-trend, reality show addicts among us. And Wednesday’s announcement of its Fall shows proves it.

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Major Beauty Brands Acquire Smashbox, Essie

Today, beauty media outlets buzzed about the newest acquisition in that market.

Estée Lauder has closed a deal in which they will buy Smashbox Beauty Cosmetics, Inc. The acquisition is expected to close in July 2010, subject to certain closing conditions, including regulatory approval, a release issued today said.

Just last month, L’Oréal USA announced that it would acquire Essie Cosmetics, the nail color company founded by Essie Weingarten in 1981.

The purchase price of neither transaction was disclosed.

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