Financial Times FT.com

Estée Lauder defends brands

By Jonathan Birchall and Francesco Guerrera in New York

Published: July 22 2009 21:23 | Last updated: July 22 2009 21:23

Europe’s small city-centre perfumeries and luxury boutiques have gained an ally from across the Atlantic in their continuing efforts to prevent the top brands they sell being available at cut-price rates on the internet.

William Lauder, chairman of Estée Lauder, the US beauty and cosmetics company, warned in an interview with the Financial Times that changing European competition laws could turn the business of buying beauty and skin care brands into an experience akin to flying on EasyJet, the low-cost UK airline.

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