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…