Estée Lauder stops the rumors on LVMH, but remains in crisis

Estée Lauder stops the rumors on LVMH, but remains in crisis

Few days after the rumor posted by the New York Post, Estée Lauder stops the rumor of a potential sale to LVMH. Additionally, the organization assured that Fabrizio Freda will maintain his position as CEO. The US-based multinational recently purchased Tom Ford to enter the fashion industry, but continues to remain in crisis. That’s why…

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