Estée Lauder CEO Says the Price Wasn’t Right for Puig

An Estée Lauder merger with Jean Paul Gaultier-owner Puig failed to go through because of the ​price tag, Stephane de La Faverie, president ‌and CEO of the US cosmetics maker said on Tuesday, but added the company was still open to acquisitions ​if they made financial sense.

Please sign in to ensure you can read our agenda-setting intelligence, analysis and advice.
Or get in touch at support@businessoffashion.com
if you experience difficulties.