Australian skincare company Aesop has been sold to L’Oreal in a deal worth $3.7 billion.
Australian skincare company Aesop has been sold to L’Oreal in a deal worth $3.7 billion. Aesop was created by Dennis Paphitis at his hairdressing saloon in Armadale, Melbourne and was sold to Natura in 2012 for $68 million.
Australia Latest News, Australia Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
L’Oreal snaps up Australian skincare giant Aesop in $3.7b dealL’Oreal has swooped in for the Australian high-end brand, which was founded by Melbourne hairdresser Dennis Paphitis in 1987.
Read more »
L’Oreal snaps up Australian skincare brand Aesop in record $3.7 billion dealFrench beauty juggernaut has swooped in to buy the Australian luxury brand, which was founded by Melbourne hairdresser Dennis Paphitis in 1987.
Read more »
Aesop sold to L’Oreal in record $3.7b dealThe sale of the Melbourne-based skincare group sets a record for any luxury brand in Australia.
Read more »
L’Oréal to pay $3.7bn for Melbourne-founded luxury cosmetics brand AesopThe sale of the iconic body-care range represents the largest known price for a luxury brand founded in Australia
Read more »
Australian shares target six straight sessions of gainsInvestors believe shares may get another boost this week if the RBA bows to bond market pressure and holds rates steady for the first time in 11 months.
Read more »