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Sephora's Middle East stores stock international products alongside local brands such as Shiffa Dubai Skin Care and Huda Beauty. [59] According to Forbes , Huda Beauty , founded by Dubai based blogger and business woman Huda Kattan, was the top selling cosmetic brand across Sephora Middle East, in 2018.
LVMH owns Les Echos-Le Parisien Group, its media subsidiary. The wine estate of Château d'Yquem , whose origins date back to 1593, is under LVMH ownership. [ 19 ] Bernard Arnault is the chairman, CEO and largest shareholder of LVMH, making him one of the richest people in the world as of 2024.
Coty is one of the world's largest beauty companies and the largest fragrance company, [4] [5] with $5.3 billion in revenue for the fiscal year 2022. [6] Coty acquired 41 beauty brands from Procter & Gamble in 2016, [7] becoming the global leader in fragrance, the second largest company for hair color and styling products, [8] and the third largest company for color cosmetics. [9]
In 2019, the company acquired Dr. Jart+. Founded in Korea in 2004, Dr. Jart+ pioneered the marketing of BB Cream as cosmetic, setting the standard for multifunctional beauty. [15] In 2021, the company acquired Canadian-based Deciem Beauty Group Inc. [16] In 2022, Estée Lauder opened a 300,000 sq ft. distribution center in Galgenen, Switzerland ...
The company was founded in 1969 as Shonac Corporation, as the shoe licensee for Value City. [1] [3] In July 1991, the company opened its first store, which was in Dublin, Ohio. [1] In 1998, the company was acquired by Value City. [3] By 1999, the company had 48 stores. [4] In December 2004, the company was acquired by Retail Ventures, an affiliate.
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A post made on TikTok claims beauty retailer Sephora donated to President-elect Donald Trump’s 2024 presidential campaign. Verdict: False Federal Election Commission data does not show any ...
Advance Magazine Publishers, the company founded by S.I. Newhouse and his family in 1922, will own the biggest chunk, 33.5%, of Reddit after the IPO. Its shares (16,182 Class A and 42.2 million ...