Welcome Guest to Happi

Subscribe Free: Magazine | eNewsletter

current issue October 2015
 •  China: The Hidden Dragon of Pro Skin Care Market  •  Wen Expands With Body Care  •  Palettes Big at Cle de Peau  •  Galderma Rolls Out Therapeutic Skin Care Line  •  Mobile Scent Technology

Nihon LOral Acquires Shareholding In Shu Uemura Cosmetics

Published November 15, 2005
Related Searches: november international share brand
Post a comment
JAPAN: The L’Oréal Group signed an agreement whereby Nihon L’Oréal KK, the group’s Japanese subsidiary, will acquire majority shareholding in Shu Uemura Cosmetics Inc., executives said.
Three years after acquiring 35% of Shu Uemura’s Japanese operations, Nihon L’Oréal KK will, this year, increase its share to 52.9% to gain control of the company, according to company executives.
The international rights to the brand outside Japan were already acquired by the L’Oréal Group in November 2000.
In 2003, the turnover of Shu Uemura in Japan should amount to about $86 million, executives said.

blog comments powered by Disqus