Clinique

Clinique is a skincare, makeup, and fragrance brand within the Estée Lauder Companies Inc. portfolio. Estée Lauder, founded by Josephine Esther Mentzer (Estée Lauder) in 1908, has grown into one of the world's largest manufacturers in the beauty industry. Clinique, as part of Estée Lauder, is indirectly newsworthy due to ongoing merger discussions between Estée Lauder and Puig, a Spanish group owning brands like Jean Paul Gaultier and Rabanne. This potential merger aims to create a beauty giant valued at approximately €35 billion. The news has significantly impacted Puig's stock value, increasing it by 14%. The merger is significant as it could reshape the luxury and cosmetics sector, potentially creating a dominant force in the global beauty market.