How leaks, demands and a phone call derailed Estée Lauder’s deal to create a $40B luxe giant

How leaks, demands and a phone call derailed Estée Lauder’s deal to create a B luxe giant

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

Costa Rica’s new Estée Lauder Skin Longevity Institute turns back the clock on aging

Costa Rica’s new Estée Lauder Skin Longevity Institute turns back the clock on aging

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