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Luxury stocks are seeing growth normalize from their pandemic-era highs, but analysts believe there are still promising investment opportunities in the sector. ....
At L’Oreal, Aesop joins a cast of luxury brands such as Lancome and Yves Saint Laurent as the French company bets on a continued drift toward high-end cosmetics. ....
French skincare giant L’Oréal SA has agreed to acquire luxury cosmetics brand Aesop, which was founded in Melbourne before developing a cult global following, for an enterprise value of $2.53 billion. ....