Monday, May 12, 2025
  • Login
GoTradingAsia
  • Awards
  • Forex
  • Crypto
  • Stocks
  • Education
  • Broker Directory
  • Contact us
No Result
View All Result
GoTradingAsia
  • Awards
  • Forex
  • Crypto
  • Stocks
  • Education
  • Broker Directory
  • Contact us
No Result
View All Result
GoTradingAsia
No Result
View All Result

L’Oréal Acquisition Deal over Aesop Hits The Highest

Putriyana by Putriyana
2 years ago
in Business News
L’Oréal Acquisition

L’Oréal Acquisition

RelatedArticle

How AI and Machine Learning Transforming Trading Strategies

GameStop Shares Surge Roaring $116 Million Position

Profits of 5 Global Banks High Despite ECB Rate Cut

Dominate Your Business with AI

L’Oréal, French beauty giant, has bought Aesop, an Australian brand, with acquisition value of $2.5 billion. This makes the biggest brand acquisition ever made. Aesop’s parent company, Natura & Co, a Brazilian firm, announced the sale. Nature & Co also owns both The Body Shop and Avon. From this acquisition, Aesop would be the same as other brands like Garnier and Maybelline. The brand itself was famous for its luxury skin and body care products. On the record, for L’Oréal, this deal would be the largest acquisition of another brand. Based on the data from Dealogic, the company also purchased YSL Beauté in 2008 for as much as $1.75 billion.

Natura &Co alone is the largest beauty and cosmetics company. It operates in more than 100 countries. In a statement, Fabio Barbosa, the CEO, argued that the acquisition of Aesop helps reduce debt and hone other growing paths. He added that the firm has strengthened financial structure as well as deleveraged the balance sheet, Thus, Natura & Co would be able to sharpen its focus as well as strategic priorities. Aesop’s sales have surged 20 times from $28 million in 2012 to $537 million in 2022. In the past year, Aesop has doubled growth in revenue.

The company sells many products. The epitomes are exfoliating hand wash, scented body lotions as well as incense kits. The brand hopes to tap mainland China because they opened stores there last year. L’Oréal CEO, Nicholas Hieronimus said that Aesop entered into today’s ascending currents. Thus L’Oréal will use it to get a massive growth potential.

Tags: Acquisitioncompany acquisitionL'OrealL’Oréal acquisition
Putriyana

Putriyana

Related Posts

How AI and Machine Learning Transforming Trading Strategies

AI and Machine learning in trading. Illustration of a business professional shaking hands with a robot. The robot is emerging from a large smartphone screen. Surrounding the smartphone are various technological and financial icons, including a light bulb, blockchain symbols, a microchip, graphs, and currency symbols, representing the integration of artificial intelligence in business. The background is a light blue color. That simbolyse about AI impact on business efficiency.
by oney
November 1, 2024

The integration of AI and machine learning into the financial markets is revolutionizing trading strategies, enhancing algorithmic trading, and equipping...

Read more

GameStop Shares Surge Roaring $116 Million Position

GameStop shares surge
by oney
October 30, 2024

In a dramatic turn of events, GameStop shares surged 80% following a significant reveal by the well-known trader Keith Gill,...

Read more

Profits of 5 Global Banks High Despite ECB Rate Cut

central bank policy decisions, profits of global banks
by oney
October 22, 2024

Introduction Despite the recent rate cut by the European Central Bank (ECB), the profits of five major global banks are...

Read more

Dominate Your Business with AI

AI and Machine learning in trading. Illustration of a business professional shaking hands with a robot. The robot is emerging from a large smartphone screen. Surrounding the smartphone are various technological and financial icons, including a light bulb, blockchain symbols, a microchip, graphs, and currency symbols, representing the integration of artificial intelligence in business. The background is a light blue color. That simbolyse about AI impact on business efficiency.
by oney
October 14, 2024

Advancements in AI technology open up significant opportunities for various industries. However, with the multitude of options and the complexity...

Read more
Load More
Next Post

The Increase in U.S. CPI Has Decreased

Trending Issues

  • CNN+ to End Services Only 1 Month After Release

    0 shares
    Share 0 Tweet 0
  • YouTube Algorithm Keeps Recommending ‘Offensive’ Videos

    0 shares
    Share 0 Tweet 0
  • Gold Mountain Found in Congo 

    0 shares
    Share 0 Tweet 0
  • Ahead of Elections, Indonesia Hires Voting Managers

    0 shares
    Share 0 Tweet 0
  • U.S. Congress Pushes for a Total Tiktok Ban

    0 shares
    Share 0 Tweet 0

Get the latest market news and trading tips to your inbox daily, subscribe now !

Topic

  • Asia News
  • Asia Trade
  • Bonus+Promotions
  • Broker News
  • Business News
  • Cryptocurrency
  • Currency Analysis
  • Finance News
  • Forex & Market
  • Forex Tips
  • Hot News
  • Investment Tips
  • Learn to Trade
  • Market Analysis
  • Politics Issue
  • Reviews
  • Social Media
  • Stock Analysis
  • Stock Market
  • Stock Trading Tips
  • Technical Analysis
  • Tips
  • trading strategy
Go Trading Asia

Go Trading Asia covers the latest in Business and Economic News and Market Analysis, with the aim of Providing Readers with the knowledge and tools to make better informed financial decisions.

  • Contact us
  • Privacy Policy
  • Disclaimer

© 2021 Go Trading Asia.

No Result
View All Result
  • Awards
  • Forex
  • Crypto
  • Stocks
  • Education
  • Broker Directory
  • Contact us

© 2021 Go Trading Asia.

Welcome Back!

Login to your account below

Forgotten Password?

Create New Account!

Fill the forms below to register

All fields are required. Log In

Retrieve your password

Please enter your username or email address to reset your password.

Log In