Estée Lauder and Puig in €35bn merger talks to combine major beauty brands 😔

Estée Lauder and Puig in €35bn merger talks to combine major beauty brands 😔

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Estée Lauder and Puig in €35bn merger talks to combine major beauty brands
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Estée Lauder and Puig are in merger talks to combine their brands, including MAC and Clinique. Estée Lauder has faced declining sales and plans to cut 7,000 jobs. Experts suggest that while a merger could strengthen Estée Lauder's position, past mergers have not always succeeded. The merger could create a company valued over $40bn, but competition in the fragrance market is increasing.

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Központi kifejezések
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