Brazilian anti-trust authority approves Emporio Body Store acquisition

Published: 13-Dec-2013
Finance

The Body Shop finalises purchase of 51% of Emporio Body Store in Brazil

The Body Shop (L'Oréal) has finalised the acquisition of a 51% stake in Brazilian brand Empório Body Store, following the approval of Brazil's anti-trust authority CADE. As part of the deal, The Body Shop has the option of increasing its shareholding to 80% by 2019.

   
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CeraVe Global Brand President Vincent Chauvière's plans to expand the brand's reach and influence

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Chauvière, who formerly helped Vichy Laboratoires achieve impressive growth, plans to scale CeraVe’s creator-first communication strategy, with his first mark seen at the L’Oréal-owned drugstore brand’s Global CerAwards, as well as ramping up its expansion into sun care

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L’Oréal Bold invests in South Korean biotech company Olix Pharmaceuticals

The Suwon-headquartered biotech company raised KRW 110bn in the funding round, and will use this to advance its ongoing small interfering RNAi-based projects
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L’Oréal, Estée Lauder Companies, Puig and more reveal impact of Middle East war on business

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