L’Oréal has signed an agreement with Natura &Co. to acquire Australian luxury beauty brand Aēsop for $2.5 billion.
Brazil-based Natura & Co. also is the parent company of The Body Shop and Avon Products.
Aēsop sells hair, body, skin, home, and fragrance products with sustainable formulations and plant-based ingredients housed in signature amber packaging.
The brand currently operates approximately 400 stores across the Americas, Europe, Australia, New Zealand and Asia, and opened its first…
