Site icon Digital Commerce 360

Cosmetics companies continue their acquisition spree

(Bloomberg)—The biggest beauty companies have been on an acquisition spree in recent years as they hope to court younger shoppers with upstart brands. Japan’s Shiseido spent $845 million to buy clean beauty brand Drunk Elephant in October. And announced on Monday, Coty Inc. agreed to pay $600 million in cash for a majority stake in […]

Exit mobile version