How leaks, requests, and a phone call disrupted Estée Lauder’s plan to form a $40B luxury powerhouse
Negotiations for Estée Lauder and Puig Merger Break Down Estée Lauder, a U.S. cosmetics giant, and Spain’s Puig perfume group were on the verge of finalizing a major merger when discussions fell apart late Thursday. This deal aimed to form a monumental $40 billion luxury cosmetics powerhouse. The proposed merger would have united well-known brands […]
Sale of cosmetics magnate Leonard Lauder’s art collection is projected to bring in $500 million
Excitement in New York’s Art Scene Over Leonard Lauder’s Collection Even those who’ve seen it all in New York’s art world are buzzing about Leonard Lauder’s collection, set to go on auction next week. Page Six reports there was a dinner on Friday night to celebrate the impending auction of this cosmetics mogul’s personal art […]