The Estée Lauder Corporations confirmed on Monday, March 23, that it’s in talks with Spanish magnificence group Puig to doubtlessly merge the 2 firms. “No closing choice has been made, and no settlement has been reached,” the wonder large stated in a press release. Initially disclosed by the Monetary Occasions, the data was corroborated by […]
Le groupe Estée Lauder a confirmé lundi 23 mars être en pourparlers avec le chief espagnol des cosmétiques Puig en vue d’une éventuelle fusion. « Aucune décision définitive n’a été prise et aucun accord n’a été conclu », a précisé le géant des cosmétiques dans un communiqué. L’data du Monetary Occasions a également été confirmée, par le […]
Key takeaways Estée Lauder Firms Inc and Puig are in discussions over a possible merger that might create a bunch price practically $19.7bn in income. No settlement has been finalised. A deal might revitalise Estée Lauder following its 2025 restructuring and strengthen Puig because it transitions to new management. The talks align with wider consolidation […]
THE WHAT? The Estée Lauder Corporations has agreed to amass the remaining stake in Indian luxurious magnificence model Forest Necessities, strengthening its long-standing partnership with the Ayurveda-based skincare firm. THE DETAILS The acquisition, topic to regulatory approvals, is anticipated to shut within the second half of 2026. Estée Lauder first invested in Forest Necessities in […]
The Estée Lauder Firms a conclu un accord pour acquérir la totalité du capital de la marque de beauté indienne Forest Necessities. La transaction, soumise à l’obtention des autorisations réglementaires, devrait être finalisée au cours du second semestre 2026. Elle s’inscrit dans la suite de l’investissement minoritaire réalisé par The Estée Lauder Firms en 2008, […]
THE WHAT? Estée Lauder has appointed WPP as its world media company, consolidating media tasks throughout its portfolio of manufacturers. THE DETAILS Beneath the partnership, WPP will oversee world media shopping for and technique for Estée Lauder’s manufacturers, together with MAC, Clinique and the flagship Estée Lauder label. The company was chosen for its experience […]
Internet gross sales for its fiscal Q2, which ended December 31, 2025, elevated 6% to $4.23 billion and mirrored natural development of 4%. The corporate reported working revenue of $401 million, in contrast with a loss within the prior-year quarter. “We delivered glorious second quarter outcomes to solidify a robust first half of fiscal 2026,” […]
THE WHAT? Estée Lauder shares plunged practically 20%, making it the worst-performing inventory within the S&P 500, regardless of the corporate beating earnings expectations and elevating its full-year revenue outlook. THE DETAILS The cosmetics group reported fiscal second-quarter outcomes that topped Wall Road estimates and lifted its full-year adjusted earnings forecast to US$2.03–US$2.23, up from […]
THE WHAT? Estée Lauder has lowered its annual revenue forecast, warning that U.S. tariffs will price the corporate about US$100 million this 12 months, prompting share costs to fall 4% in afternoon buying and selling. THE DETAILS The luxurious magnificence group mentioned it might cut back stock ranges and reduce on promotions to offset rising […]
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