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The Guardian - UK
The Guardian - UK
Business
Mark Sweney

Estée Lauder in talks on merger with Jean Paul Gaultier owner Puig

Estée Lauder Marc Puig Jean Paul Gaultier United States Citigroup
Lipsticks on display at an Estee Lauder store in Shanghai, China
Estée Lauder is one of the world’s biggest manufacturers of skin care, makeup and fragrances. Photograph: Bloomberg/Getty Images

The US cosmetics company Estée Lauder is in talks over a potential merger with the Spanish group Puig, the owner of brands including Jean Paul Gaultier and Rabanne, to create a $40bn fashion and beauty giant.

Estée Lauder is one of the world’s biggest manufacturers of skin care, makeup and fragrances with a portfolio that includes Clinique, Bobbi Brown and Tom Ford Beauty.

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