The Lauder and Puig families held a high-level meeting in New York last week to discuss a possible merger of their two groups into a transatlantic beauty giant capable of rivalling L'Oréal (Glitz, 26/03/26). On the American side, the talks were mainly led by William P. Lauder, chair of Estée Lauder Companies and a direct heir of the founder.
The chief uncertainty surrounding this project – on which both dynasties have a great deal at stake – is whether the Federal Trade Commission (FTC) will approve
