• Home
  • Tags
  • Aesop

Aesop news and archive

Business|Beauty

L’Oréal completes acquisition of Aesop

Global beauty group L’Oréal has completed the acquisition of Australian luxury skincare brand Aesop from Natura & Co. The deal, first announced in April, will see Aesop joining the L’Oreal Luxe Division, which includes brands such as Lancôme, Yves Saint Laurent and Giorgio Armani, as the beauty group looks to take the Australian brand “to the...

loading...

Business|Beauty Featured

L'Oréal acquires Aesop for 2.5bn dollars

Aesop, the Australian-founded luxury beauty company, has been acquired by L’Oréal in a deal valued at 2.5 billion dollars. Brazilian cosmetics group Natura & Co, which also owns the Avon and Body Shop brands, is selling the brand 10 years after it acquired a 65 percent stake in 2013. The transaction is significant for L’Oréal and marks one of...

loading...