Estee Lauder to buy L.A.'s Smashbox Beauty Cosmetics

Analysts say privately held Smashbox would help give Estee Lauder — whose brands include Clinique, Aveda and MAC — a more youthful appearance. No purchase price was given for the deal. In a move to attract new and younger customers, cosmetics behemoth Estee Lauder Cos. said Monday that it had agreed to acquire Los Angeles makeup brand Smashbox Beauty Cosmetics Inc.