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Derek Lam is the latest designer to sign his name to a cosmetics line. This January, Estée Lauder will launch a limited-edition Lam line in 100 stores in the US. It will retail for $85 and will consist of five products: a navy eye crayon, black mascara, gold eyeshadow, blush lipstick and a "barely gold" gloss, all sandwiched in a navy clutch. Lam worked with his longtime friend, the creative makeup director of Estée Lauder Tom Pecheux, on the effort. [WWD, sub req]