These are the stories making headlines in fashion on Monday.

Balmain and Estée Lauder partner to launch Balmain Beauty
Expected to launch in 2024, French luxury house Balmain has partnered with cosmetics giant The Estée Lauder Companies to develop a new luxury beauty brand. In a statement, Balmain creative director Olivier Rousteing said, “The Estée Lauder Companies made it very clear that they support Balmain’s distinctive vision, as well as our goal of disrupting the global luxury beauty paradigm. Knowing that — and knowing that Estée Lauder is the paragon of excellence — well, I can’t wait to start working with them.” {Fashionista inbox}

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