Company News

Shiseido To Sell Skin Care Brands to L’Oréal

Author Image

By: TOM BRANNA

Editor

JAPAN: Shiseido Co., Ltd. has received a proposal from L’Oréal to acquire Carita and Decléor skin care, body care, hair care treatments and products for approximately €230 million ($314.3 million at current exchange rates). The beauty giants are currently negotiating the terms and conditions of the sale, and the deal is subject to standard closing adjustments. Decléor and Carita brands are part of the Shiseido Professional Division and provide skin care products and services to professional and...

Continue reading this story and get 24/7 access to Happi for FREE


Already a subscriber? Sign in

Keep Up With Our Content. Subscribe To Happi Newsletters