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Deals worth $1B or more to drive beauty M&A landscape over next two years: Kearney

Hitting $9.53 billion in sales in January and February, China's beauty industry is set to rebound in 2023. Image credit: L'Oréal Paris Deals valued at over $1 billion and under $100 million are expected to increase in volume over the next two years. Image credit: L'Oréal Paris

 

Prestige beauty players are balancing the challenge of appealing to younger consumers with the advantages that strong pricing power and loyal consumer bases bring, according to global managing consulting firm Kearney.