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LG Acquires Avon Japan

Company has been operating in country for 50 years.

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By: Christine Esposito

Editor-in-Chief

LG Household & Health Care Ltd’s Japanese subsidiary Ginza Stefany Cosmetics Co. has reportedly acquired Avon Japan for 10.5 billion yen (approxiatetly $96.5 million).  Avon Japan, a 50-year-old company based in Tokyo, is the 21st-largest cosmetics manufacturer in Japan, according to LG.   LG bought Ginza Stefany Cosmetics in 2012....

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