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flag Estée Lauder is in advanced talks to merge with Spanish luxury brand owner Puig, which owns Jean Paul Gaultier and Rabanne.

flag Estée Lauder has confirmed it is in advanced talks to merge with Puig, the Spanish company that owns the fashion brands Jean Paul Gaultier and Rabanne, as part of its ongoing efforts to revamp its business. flag The potential deal, if completed, would expand Estée Lauder’s portfolio with luxury fragrance and fashion labels, marking a significant strategic shift. flag No agreement has been finalized, and the talks remain confidential.

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