Estée Lauder has acquired the outstanding two-thirds of Seoul-based owner of the Dr. Jart+ and Do The Right Thing brands, for $1.1bn. Estée Lauder purchased a minority stake in 2015, and this latest move represents a renewed focus on Asian markets.
Join our network of executives who receive the MBS News daily, as well as the insights, analysis and our weekly column in The Weekend Edition.
You’ll be able to unsubscribe at any time.