Face oils have enjoyed Olivia Rodrigo levels of popularity the last decade, sales of prestige skincare oils reached 58.5 million and grew 22 percent in 2015 according to market research company NPD.
Estée Lauder to Shutter Rodin Olio Lusso Operations
Women s Wear Daily (WWD) 3 hrs ago Allison Collins
The Estée Lauder Cos. is winding down operations at Rodin Olio Lusso, the skin care business it acquired from model and stylist Linda Rodin in 2014.
A spokeswoman for Lauder said the brand will close down e-commerce operations on April 19. Retail partners will sell through their inventory, and won’t be restocked.
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In October, Rodin will release a capsule collection under Jo Malone London. Some of the Rodin product formulations may migrate and be produced under Jo Malone London.
Rodin Olio Lusso has been best known for its facial oils, but also made body care and makeup products. Rodin founded the business in 2004, and left the company a few years after Lauder acquired it.