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Swiss retail giant Migros wants to divest from cosmetics manufacturer Mibelle

The Swiss retail giant intends to refocus on its core business and invest more than eight billion francs, particularly in the modernization of its supermarkets. At the same time, Migros has indicated that it wants to sell off companies that no longer correspond to the group’s strategy and is looking for new owners for the Mibelle Group, which manufactures cosmetic products and ingredients, as well as home care products. According to Migros, the Mibelle Group’s currently achieves around 70%.

Dr. G doubles down on SEA expansion on the back of sunscreen popularity

K-beauty brand Dr. G is continuing to expand in South East Asia with a new store in Malaysia, where its sunscreen range is enjoying significant success.

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Quarterly Round Up: CosmeticsDesign's most popular articles
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