Estee Lauder Agrees To Buy Asian Beauty Brand
PYMNTS
NOVEMBER 19, 2019
Dr. Jart+ was founded in Seoul in 2005 and sells masks, moisturizers, serums and cleansers under names such as Ceramidin and Cicapair, Deal Street Asia reported. The cosmetics company was reportedly among the final bidders for Drunk Elephant, a millennial and Gen Z skincare brand, but lost out to Shiseido Co. for approximately $1.1
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