L’Oréal Acquires Aesop: Latest Move in Beauty Industry Consolidation
L’Oreal, the French beauty giant, has acquired Aesop, the Australian skincare brand, in a deal worth $2.5 billion, making it the company’s biggest acquisition ever. Aesop is known for its high-end, luxury skincare products that have gained a cult following among millennials. The acquisition is expected to strengthen L’Oreal’s position in the luxury skincare market. […] More











