Carolina Herrera

Carolina Herrera is a fashion and fragrance brand owned by the Spanish multinational company Puig. Puig, a major player in the cosmetics, fashion, and fragrance industry, is currently in negotiations with the American cosmetics giant Estée Lauder regarding a potential merger. This possible combination of businesses would create a cosmetics and perfumery group valued at approximately €35 billion, potentially making it the third-largest in the world. The news of these ongoing discussions has caused Puig's stock to rise significantly. While the terms of the potential merger are not yet finalized, the negotiations highlight the ongoing consolidation and competition within the global beauty industry. The outcome of these talks will significantly impact the landscape of the cosmetics market.