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May 19, 2024
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Fragrance and personal care

L’Oréal Group to house Aesop, largest-ever acquisition, under Luxe division

April 4, 2023

Aesop joined forces with Natura & Co. in 2012, quickly becoming the company’s most profitable brand once officially acquired in 2016. Image credit: Aesop The Australian luxury cosmetics brand offers a stronger global presence. Image credit: Aesop

 

By Luxury Daily News Service

Beauty group L’Oréal has purchased Australian luxury cosmetics brand Aesop for $2.5 billion, marking the French conglomerate's priciest acquisition to date.

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  1. Sales at Volato hit by supply chain hiccups
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  3. EBay launches 'click-to-resell' feature for clothing
  4. 2024: The challenge for luxury amid global and regulatory changes
  5. Fendi Peekaboo bag gets familial lift from Kate, Lila Moss
  6. Luxury jewelry company Roberto Coin Inc. sold to Watches of Switzerland for $130M
  7. Louis Vuitton connects the world traveler through its latest design
  8. In conversation with Giulio Capua, luxury group publisher at Meredith
  9. BMW models top luxury auto shopper poll, Tesla slides
  10. Dolce & Gabbana, Smeg present 'Blu Mediterraneo'
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