France's L'Oreal acquires Migros' South Korean cosmetic unit

Quick Summary:

PARIS : French cosmetics giant L'Oreal said on Monday it had signed a deal with Swiss retailer Migros to buy the latter's South Korean skincare business Gowoonsesang Cosmetics, which includes the skin care brand Dr.G.

The company's announcement confirms Reuters' report on Friday.Dr.G is the No.

The logo of L'Oreal is seen on beauty products in a supermarket in Chanverrie, France, October 16, 2024.

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Article Details

Category: EconomyBusiness

Markets: SingaporeFranceSouth Korea

Topics: 2024 Oreal Care Cosmetics Beauty Korean Mediacorp Experience Logo Seen

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-12-23 @ 15:47:12 (6 hours ago)

News Timezone: GMT +8:00

News Source URL: channelnewsasia.com

Language: English

Article Length: 132 words

Reading Time: 1 minutes read

Sentences: 6 lines

Sentence Length: 22 words per sentence (average)

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Copyright Owner: © Channel News Asia

News ID: 24593775

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