Aesop

The sale of the iconic body-care range represents the largest known price for a luxury brand founded in Australia.

Sold across 29 countries, Aesop products have carved a highly profitable niche in the luxury market that extends to first-class airline amenity kits. Aesop had been under majority control of Natura for more than a decade. The sale represents the largest known price tag for a luxury brand founded in Australia.

FRENCH skincare giant L'Oreal has agreed to acquire luxury cosmetics brand Aesop, which was founded in Melbourne before developing a cult global following, ...

French skincare giant L'Oréal SA has agreed to acquire luxury cosmetics brand Aesop, which was founded in Melbourne before developing a cult global ...

Brazil's Natura divests to cut debt and focus on other brands.

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French cosmetics group L'Oreal struck a deal with Brazil's Natura & Co to buy Aesop, its Australian luxury brand, at an enterprise value of $2.53 billion, ...

[Deals](/markets/deals/) [The Thomson Reuters Trust Principles.](https://www.thomsonreuters.com/en/about-us/trust-principles.html)

L'Oréal is buying Australian brand Aesop in a deal that values it at $2.5 billion, in the biggest brand acquisition ever made by the French beauty giant.

Over the past year, Aesop posted double-digit growth in revenue. In a statement Monday, the firm’s CEO Fabio Barbosa said the divestment of Aesop would help it reduce debt and hone in on other paths for growth. [picked up a 65% stake](https://www.businesswire.com/news/home/20121220005419/en/Natura-Announces-Strategic-Investment-in-Aesop) in the company in 2012, and formally [acquired it](https://www.naturaeco.com/the-group/our-shared-history/) in 2016.

Let's start this roundup of the best Aesop products with a confession. You know how seemingly every hot restaurant has the Aromatique Hand Wash from in the ...

But my skin always looks so bright, plump, and firm in the morning after each use, that I go a little more liberal with each application (and frequently so). That radiant glow it provides is but icing on the cake. Instead, take a knife and slice away a third of it; each slice is going to last three or four times longer than your standard-fare bar, and the vegetable-based essential-oil-tinged formula will have your skin soft and purified with each use. I'd suggest it for any and all skin types, too; after all, if it's formulated for sensitive folks, then the rest of us will get the same moisture-boosting and -preserving bennies. Apply it with a cotton pad after cleansing and before any serums and moisturizers. You can try to grip it with each shower, but that's like running something the size of a giant iPhone all around your body. [beat me to that](https://www.aesop.com/us/p/home/literature/aesop-the-book/), by the way—but instead I’ll spotlight my 10 favorite Aesop products below. With one pump, you should know if it's Aesop or if they're just recycling the vessel, because that crisp bergamot-vetiver scent is unmistakable, as is the formula containing pumice granules to gently exfoliate your mitts while you wash up. [Rozu](https://www.aesop.com/us/c/fragrance/rozu/) lover, but the [Othertopias](https://www.aesop.com/us/c/fragrance/othertopias-range/) collection is getting more mileage from me lately. I love the tightening effect it has, especially when I wear it by day. Let's start this roundup of the best Aesop products with a confession. I got to meet Aesop’s then-head scientist, who gave me an inside peek at the extensive research and development that goes into each formula.

The chief executive of Brazilian cosmetics maker Natura &Co Holding SA said on Tuesday the company was now focused on a disciplined capital allocation and ...

"Also, it can potentially position Natura back as a solid dividend play," JPMorgan said. Register for free to Reuters and know the full story JPMorgan took a more optimistic tone, dubbing the deal transformational for Natura as it would allow management to fully focus on operating results and move faster, without re-thinking important decisions due to cash limitations. Analysts expect the Aesop deal to open additional room for that, although some still see difficulties ahead amid pressured results as Natura grapples to improve margins and profitability. [(NTCO3.SA)](https://www.reuters.com/companies/NTCO3.SA) said on Tuesday the company was now focused on a disciplined capital allocation and deleveraging after it agreed to sell luxury brand Aesop to L'Oreal [(OREP.PA)](https://www.reuters.com/companies/OREP.PA). Fabio Barbosa told reporters Natura's financial leverage was "practically going down to zero" following the transaction, considering both debt repayments and the cash raised, but added it was time for "discipline".

L'Oréal, the French cosmetics giant, said it would help Aesop, an Australian luxury brand with a cult following, expand in China.

The scent of stress is wafting from the Brazilian backer of Aesop. Natura agreed to sell the luxury lotion maker to French cosmetics giant L'Oreal for about ...

(By Sharon Lam) [ read more ](/breakingviews/desantis-wins-with-disney-co-dependency-2023-04-04/) [ read more ](/breakingviews/fake-jobs-hide-cooler-reality-us-workforce-2023-04-04/) Although most corporate debt loads look manageable through next year, according to It speaks to the brand’s expanding appeal more than a decade since the owner of Avon International and The Body Shop paid nearly $50 million for a 65% stake and later bought the rest. It offloaded the successful investment to shore up its balance sheet, an M&A motivation that probably will spread.

Australian brand Aesop operates about 400 points of sale across the Americas, Europe, Australia, New Zealand and Asia, according to the release. Natura & Co ...

In addition to Aesop and The Body Shop, Natura operates its own namesake brand and Avon. had also [considered an IPO](https://www.reuters.com/markets/deals/brazils-natura-mulls-spin-off-ipo-fund-aesop-expansion-2022-10-17/) or spinoff of the Aesop brand, according to reporting from Reuters in October. [courting potential buyers](https://www.bloomberg.com/news/articles/2023-01-30/lvmh-l-oreal-are-among-suitors-for-stake-in-aesop-sources-say#xj4y7vzkg) for months, with LVMH and Shiseido named among those interested, according to January reporting from Bloomberg. [entered into an agreement](https://www.loreal.com/en/press-release/group/l-oreal-signs-an-agreement-with-natura-and-co-to-acquire-aesop/)with Natura & Co to acquire luxury beauty brand Aesop for $2.5 billion, the company announced Tuesday. Aesop taps into all of today’s ascending currents and L’Oréal will contribute to unleash its massive growth potential, notably in China and Travel retail.” - Australian brand Aesop operates about 400 points of sale across the Americas, Europe, Australia, New Zealand and Asia, according to the release.

French beauty major L'Oréal has signed a deal to acquire Natura &Co-owned Australian luxury skin care brand Aesop in a deal set to propel global growth for ...

We have great confidence that Aesop will join the L’Oréal Luxe Billionaire brands club and therefore contribute significantly to the growth of the division in the years to come,” Chapuy said. Last year, Aesop opened its first physical stores in China – a market set to be a clear focus under the new L’Oréal ownership. “Aesop’s clean aesthetic resonates with Gen Z and Millennial consumers, and although its products have a high price tag – a 500ml hand soap is £31 [€35] – it has broad appeal that enabled it to launch in various premium retailers. “With the support of Natura &Co, over the past decade, we have built Aesop into an admirable force in the luxury beauty space, with a powerful product proposition and a unique customer and retail experience. Set to close in the third quarter of 2023, subject to regulatory approvals, the deal would see L’Oréal acquire Aesop for an enterprise value of €2.3bn (US$2.525bn). Aesop’s products will continue to resonate with the 38% of global consumers who associate high quality products and ingredients in the beauty and grooming industry with value for money, as identified in GlobalData’s 2022 Q4 global consumer survey,” the analyst said.