The luxury Australian skin care brand Aesop will be bought by L’Oréal, in a $2.5 billion deal that positions the French cosmetics giant to expand its footprint in China, L’Oréal said in a ...

L’Oréal is buying Australian brand Aesop in a deal that values it at $2.5 billion, in the biggest brand acquisition ever made by the French beauty giant. The sale was announced Monday by Aesop ...