Author: Reuters
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.