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Estée Lauder is in advanced talks to merge with Spanish luxury brand owner Puig, which owns Jean Paul Gaultier and Rabanne.
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.
The potential deal, if completed, would expand Estée Lauder’s portfolio with luxury fragrance and fashion labels, marking a significant strategic shift.
No agreement has been finalized, and the talks remain confidential.
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Estée Lauder está en conversaciones avanzadas para fusionarse con el dueño de la marca de lujo española Puig, propietaria de Jean Paul Gaultier y Rabanne.