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Company has been operating in country for 50 years.
April 24, 2018
By: Christine Esposito
Editor-in-Chief
LG Household & Health Care Ltd’s Japanese subsidiary Ginza Stefany Cosmetics Co. has reportedly acquired Avon Japan for 10.5 billion yen (approxiatetly $96.5 million). Avon Japan, a 50-year-old company based in Tokyo, is the 21st-largest cosmetics manufacturer in Japan, according to LG. LG bought Ginza Stefany Cosmetics in 2012.
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