L'Occitane Acquires Elemis for $900 Million
Reinold Geiger, Chairman and Chief Executive Officer of L’Occitane, said the acquisition is an important step forward in building a leading portfolio of premium beauty brands.
Reinold Geiger, Chairman and Chief Executive Officer of L’Occitane, said the acquisition is an important step forward in building a leading portfolio of premium beauty brands.
Laboratoires Expanscience, a family-owned French pharmaceutical and dermo-cosmetics company specializing in skin care, has acquired Babo Botanicals, the U.S.-based botanically-infused mineral skin care brand for babies and adults.
L’Oréal announced the acquisition of two specialized beauty companies, Logocos Naturkosmetik, a natural cosmetics brand, and Société des Thermes de La Roche-Posay, the dermatologically-endorsed skin care brand.
The company that pioneered the beauty subscription box announced that it had found a buyer, one of its own long-term investors.
The eye cosmetics brand was acquired for an undisclosed amount.
The partnership looks to bring Strand Equity’s knowledge and experience from its portfolio of better-for-you food, beverage and wellness brands to the three-year-old beauty company that uses superfood ingredients, potent cold-pressed extracts and natural botanicals in its formulas.
According to a report on Reuters, French luxury goods company LVMH has agreed to buy a majority stake in French independent perfume house Maison Francis Kurkdjian.
Oribe will continue to be based in New York City under current management, reporting to Kao Salon Division.
The company makes the SheaMoisture, Nubian Heritage and Madam C.J. Walker brands, which appeal to a multi-cultural demographic.
Carver Korea makes the AHC brand which sells moisturizers, face masks and sun creams.
The investment is part of the company’s strategic plan to expand its beauty offerings and international reach.
Signalling what could be the beginning of the end for subscription boxes, health and beauty retailer, The Hut Group (THG), has acquired GLOSSYBOX from majority shareholders Rocket Internet and Kinnevik Online.