Estée Lauder is in crisis. The group just purchased Tom Ford for 2.8 billion USD, but according to the New York Post, it finds itself in tumultuous waters. The group has for 4 consecutive quarters claimed declining revenue. Now billionaire and activist shareholder Nelson Peltz wants to fix the issue by firing CEO Fabrizio Freda….
Estée Lauder is in crisis and could go to LVMH, says the New York Post
