Turnover: 537 million USD (2022)
Country: Australia
Aesop is a Melbourne-based company founded in 1987, offering innovative, high-quality face, hair and body care products. Aesop products are formulated with natural ingredients and designed in the laboratory. Their policy involves not testing their products (or ingredients) on animals, and they hold Leaping Bunny and B Corp certifications. Each of their boutiques has specialized consultants who can guide you in your choice of Aesop products.
News
L'Oréal acquires Aesop. 04/04/2023
- L'Oréal acquires Australian beauty brand Aesop
- Transaction valued at 2.5 billion euros
- The acquisition is the result of negotiations between L'Oréal and Brazilian group Natura & Co, owner of Avon and The Body Shop
- Aesop was founded in Melbourne, Australia, in 1987
- Today, Aesop has almost 400 stores in its international network
- Aesop's sales in 2022 were estimated at $537 million
- Aesop's growth in 2022 reached +21% at constant exchange rates
- The acquisition of Aesop is expected to be finalized in the third quarter of 2023
- L'Oréal made this acquisition in response to growing consumer demand for premium beauty brands
- This is the largest brand acquisition ever made by the L'Oréal group.
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