Find in the news:

L'Oreal acquires Australian brand Aesop for $2.5 billion

The deal will be closed in the third quarter of 2023.
French company L'Oreal agreed to buy Australian brand Aesop for $2.5 billion. The deal will be closed in the third quarter of 2023. For the cosmetics giant, this is the largest acquisition in history. It traditionally buys smaller brands for further development in global markets.


Aesop is a luxury cosmetics manufacturer owned by the Brazilian company Natura. The brand of skin, hair and body care products is known for its use of plant-based ingredients and sustainable vegan formulas.

The company was founded in Melbourne in 1987 and operated a chain of 400 stores in 27 countries in North and South America, Europe, Australia, New Zealand and Asia. Aesop has estimated revenues of $537 million.

Natura, which owns The Body Shop and Avon, has faced financial problems recently. The company expects to restructure its business through the sale of Aesop.

L'Oreal, by buying the new brand, will strengthen its position in the Chinese market, which the brand entered in 2021 with the opening of the first mono-brand stores.
"Aesop is the epitome of avant-garde beauty, whose products are not only made with the utmost care and exceptional attention to detail; they are a perfect combination of urbanity, hedonism and undeniable luxury," commented L'Oreal.

Natura acquired 65% of Aesop in 2012, which amounted to only $48 million. For ten years, the sales of Aesop have grown steadily and exceeded half a billion dollars.

More about shopping malls in Australia

The luxury brand has recently unveiled its latest retail venture.
Jul 12, 2024, India:
Crocs has entered into a strategic partnership with Apparel Group India.
Jul 11, 2024, USA:
Italian luxury brand Brioni has expanded its presence in Texas with the opening of a new store in Houston.
Jul 10, 2024, Canada:
Best Buy Canada is set to make a significant expansion into smaller communities across Canada.
Jul 9, 2024:
Forever21 initiated its exit from Colombia by shuttering its flagship store in Bogotá.
Jul 8, 2024:
Migiboy Tekstil secured over 90% of Naf Naf's workforce, retaining 100 directly-operated shops and 51 affiliates.
and Follow
Greenwood Park Mall GLA:1 164 000 SF
ADDRESS: 1251 US Highway 31 N, Greenwood, IN 46142-4514
USA . Greenwood
Greenwood Park Mall
Westfield World Trade Center GLA:365 000 SF
ADDRESS: World Trade Center, Manhattan, NY 10007
I Viali GLA:452 084 SF
ADDRESS: Via Dei Cacciatori 111 - 10042 Nichelino TO - Piemonte
Italy . Torino
I Viali
Viaport Outlet GLA:748 092 SF
ADDRESS: Yenisehir Mah. Dedepasa Cad. No:19 Via Port - Pendik
Turkey . Istanbul
Viaport Outlet

Edit text

Dear visitor!
If You wish to add appropriate information to this description, please make changes in the text below and they will take effect after being verified by administrator.


Dear visitor!
If you desire to add more photos to this description, please upload them and they will appear on the page after being verified by administrator.

Sign in
Sign in please, if you already have an account


Error filling
Error filling
Error filling
Error filling
Thank you!
You will receive e-mail with registration data shortly. In email you'll find link, confirm your account by clicking on it, please. Team
Thank you for message!
In the near future you will be contacted the manager
for further details. Team
Good mall, bro!
In the near future you will be contacted the manager
for further details. Team
We are dissatisfied with you :-(
In the near future you will be contacted the manager
for further details. Team

Write to us