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Estee Lauder has acquired the remaining two-thirds it does not already own of Have & Be, the Seoul-based company behind skincare brand Dr Jart+. The global cosmetics company bought a minority stake in Have & Be in December 2015 and expects to close on the…
L Capital, an affiliate of luxury brand group LVMH, will invest US$50 million in Korean cosmetics company Clio, which aims to go public by the end of this year. Clio will issue redeemable convertible preference shares to be taken over by the investment…
Estee Lauder has bought an interest in South Korea’s Have & Be, which owns the skin care brands Dr Jart+ and Do The Right Thing. The deal is further evidence of the growing market strength and popularity of South Korea’s cosmetics industry. Terms of the…
Estée Lauder Companies has tied up a deal to buy an interest in Have & Be Co, the South Korean company behind skincare brands Dr. Jart+ and men’s-focused Do The Right Thing for an undisclosed amount. The deal is expected to close in December. Dr. Jart+ is a…
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