US cosmetics maker Estée Lauder and Spanish perfume group Puig had been finalizing the details of a deal when talks fell apart late on Thursday, preventing a merger that would have created a $40 billion luxury beauty giant. The merged company would have put together brands such as Tom Ford, Clinique and MAC with Carolina Herrera and … Read more
Unexpected. That’s the first thought that springs to mind upon hearing that Estée Lauder has opened its first Skin Longevity Institute in the Americas in Pérez Zeledón, a wildly lush, remote patch of Costa Rica teeming with coffee farms. But then one learns that the Institute, centered around the brand’s age-defying Re-Nutriv skin-care collection, is … Read more
Bobbi Brown has launched not one but two groundbreaking cosmetics companies and written nine bestselling books on beauty, but she’s not a fan of traditional makeup. “I don’t like makeup that looks like makeup. When you’re done, I just want you to look better. I want you to look not tired. I want you to … Read more
Sean “Diddy” Combs aggressively marketed himself to the ultra-rich as he turned his edgy rap glamor into a billion-dollar fortune. Billionaires told The Post he would cold email with business proposals, while other Wall Streeters acclaimed him as a “genius” and one CEO of the New York Stock Exchange called him an “inspiration” on a … Read more
The buyer who purchased Rush Limbaugh’s Palm Beach estate for a record $155 million has been revealed as billionaire William Lauder, The Wall Street Journal reports. Lauder, 62, is the executive chairman of powerhouse cosmetics brand The Estée Lauder Companies, and has a net worth of $3.5 billion, according to Forbes. The Post reached out … Read more
Estée Lauder said Tuesday it clinched a deal to buy fashion label Tom Ford for $2.8 billion in what would be its biggest acquisition. The deal will help Estée beef up its luxury offerings at a time when demand for high-end apparel and accessories remains resilient despite record inflation in the US. Founded by fashion designer Tom Ford … Read more