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Nov. 22, 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. Off the Cuff: A Q&A with Steinway & Sons' Ben Steiner
  2. Hublot nods to tennis champion Novak Djokovic with custom chronograph
  3. Roche Bobois furnishes boutique resort in Turks and Caicos
  4. EssilorLuxottica establishes Inclusion Committee
  5. Home office boom fading in favor of living room, kitchen refurbs: 1stDibs
  6. Louis Vuitton opens applications for biennial Watch Prize
  7. Luxury Unfiltered: Hermès and Patek Philippe prove trust is the true luxury
  8. ‘Copy Nothing’ campaign defines next era at Jaguar
  9. Baccarat pulls incoming CEO from Printemps
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Home office boom fading in favor of living room, kitchen refurbs: 1stDibs
Off the Cuff: A Q&A with Steinway & Sons’ Ben Steiner
Roche Bobois furnishes boutique resort in Turks and Caicos