L'Oréal continues Chinese pursuit
The L'Oréal group has signed an agreement to try and acquire the Chinese skincare brand Mininurse. With five per cent market share, the skincare brand is claimed to be one of the top three in China.
Archives for December 17, 2003
Kao purchases Kanebo Cosmetics
Kao, Japan's biggest maker of toiletries, plans to add cosmetics to its product lineup in China by the middle of next year in a bid to find faster markets for growth. Kao's plans for China is aided by its intention to purchase 49 per cent of the...