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Hardman Johnston Global Advisors, an investment management firm, issued its investor letter for the Hardman Johnston Large Cap Equity Strategy for the first quarter of 2026. A copy of the letter can be downloaded here. The strategy achieved a return of 0.68% (gross) and 0.57% (net) during this period, in contrast to a -4.33% return […]

GateMaker was founded in 2021 by Ashton Wall and Amelia Soohoo and has worked with brands such as Amika, Estee Lauder Companies, Glossier, LG, L'Occitane en Provence, Milk Makeup, NARS, NEST, Pacifica, Rag & Bone, Reebok, Starbucks, and more.

The Catalan fragrance empire is forced back to Plan A after the proposed $40 billion marriage comes crashing down

Estee Lauder Companies Inc (NYSE:EL, XETRA:ELAA) shares rose about 10% on Wednesday after the company confirmed it has ended discussions with Puig regarding a potential business combination, removing uncertainty around a deal that had been under consideration since March. In a statement,...

When the discussions were disclosed in March, analysts weren’t thrilled about the tie-up’s potential to interrupt Estée Lauder’s turnaround.

Estée Lauder stock rose as much as 11% in premarket trading while Puig stock fell more than 14% in Madrid

The companies had publicly confirmed they were in merger talks in March 2026, though both noted at the time that no agreement had been reached.

Shares of Spanish beauty group Puig Brands are tumbling today, following the termination of talks with U.S. cosmetics giant Estee Lauder over a potential merger. Puig's shares were recently down 13% in Europe, on pace for their second-biggest fall since the company started trading in 2024. Estee Lauder's shares, meanwhile, climbed roughly 9% premarket, on track for their best one-day performance in nearly a year.

Madrid-listed shares fell more than 14% in European morning trading, while Estee Lauder’s stock was up over 10% in premarket trading.

Investing.com -- Puig shares fell nearly 13% in early trading on Friday after Estee Lauder and the company ended merger discussions that were first disclosed in March.

Estee Lauder and Puig were in talks since March 2026.

Estee Lauder shares jumped more than 11% after hours on news that talks for it to acquire the Spanish beauty group Puig have been terminated. Lauder, whose brands include Clinique, M.A.C and Bobbi Brown Cosmetics, said Thursday that it instead remains focused on its turnaround efforts.

The decision ends months of speculation that the two would merge and create one of the world’s largest beauty companies.

Both companies emphasize confidence in their portfolios and commit to driving long-term growth independently.

According to the Spanish economic and business publication, Expansión, new contractual demands by Charlotte Tilbury are disrupting merger negotiations between Puig and The Estée Lauder Cos.