Briefing.
The day's business of Asian beauty, market moves, deals, regulation, and people, reported and checked by our newsroom.
Bogart Sells April Cosmetics Israel to Konckier
French cosmetics group Bogart divested its 47-store April Cosmetics and Perfumes Store Chain in Israel to a company owned by its CEO, David Konckier.
Unilever Divests Welly, Focuses on Beauty Portfolio
The move sees the first-aid brand, acquired in 2021, sold to private-equity firm Forward Consumer Partners as Unilever streamlines its global operations.
Galderma Buys ZO Skin Health for US$1.5 Billion, Boosts Aesthetics
The all-cash acquisition, expected to close by early 2027, adds a US physician-dispensed skincare brand with US$330 million in net sales to Galderma's portfolio.
Galderma Buys ZO Skin Health for US$1.5 Billion
LVMH also reported higher third-quarter beauty sales, and CJ Olive Young expanded K-beauty distribution in Southeast Asia and Hong Kong.
Bogart Sells April Cosmetics, CEO Buys It for €5.8 Million
French beauty group Bogart divested its April Cosmetics and Perfumes Store Chain Ltd. to a company owned by its CEO, David Konckier, for 20.147 million shekels, aiming to strengthen its financial position.
BASF Prepares Higher Evonik Bid After €10.3 Billion Offer Rejected
German chemical giant BASF is expected to revise its takeover proposal for rival Evonik, following the rejection of its initial €10.3 billion ($11.6 billion as of September 2026) offer.