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Takes stake in South Korean Firm behind the brand.
October 26, 2015
By: Christine Esposito
Editor-in-Chief
The Estée Lauder Companies Inc. has signed an agreement to purchase an interest in Have & Be Co. Ltd., the South Korean company behind skin care brands Dr. Jart+ and Do The Right Thing, a men's skin care range. Terms of the investment were not disclosed. The deal is expected to close in December 2015, according to Lauder. Launched online in 2005 by ChinWook Lee, Dr. Jart+ is a Seoul-based, global high-growth skin care brand featuring quality and innovative products designed to addre...
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