THE WHAT? Reinold Geiger, the controlling shareholder of L’Occitane International SA, is discussing potentially privatizing the skincare company at a roughly $6.5 billion valuation. Current talks suggest an offer of up to HK$35 per share for the parts of L’Occitane Geiger doesn’t already own.
THE DETAILS L’Occitane shares were halted from trading in Hong Kong amidst these ongoing deliberations. Geiger, who controls over 70% of the company, is also considering possibly relocating L’Occitane’s stock listing to a European exchange soon.
THE WHY? Such moves by L’Occitane align with a broader trend of companies in Hong Kong going private. The company, known for its diverse skincare and beauty portfolio, was initially listed in Hong Kong in 2010, aiming to access the Chinese consumer market.
Buy aesthetic products refers to the act of purchasing items that are specifically designed for enhancing or maintaining beauty, often related to skincare, cosmetics, or procedures in the field of aesthetics. These products can include a wide range of items intended to improve the appearance and health of the skin, hair, and body. Here are some examples of aesthetic products that individuals might purchase:
-
Skincare Products: Including cleansers, moisturizers, serums, and treatments targeting specific skin concerns such as acne, aging, hyperpigmentation, and sensitivity.
-
Cosmetics: Makeup products such as foundations, concealers, eyeliners, lipsticks, and eyeshadows designed to enhance facial features and achieve desired looks.
-
Hair Care Products: Shampoos, conditioners, styling products, and treatments to maintain and improve the health and appearance of hair.
-
Dermatological Treatments: Prescription or over-the-counter treatments for medical conditions like acne, eczema, psoriasis, or rosacea.
-
Aesthetic Devices: Equipment used for professional treatments including laser devices, microneedling pens, radiofrequency devices, and IPL (Intense Pulsed Light) machines.
-
Injectable Aesthetics: Products such as dermal fillers and botulinum toxin (Botox) used to enhance facial contours, reduce wrinkles, and achieve smoother skin.
-
Nutritional Supplements: Supplements aimed at promoting skin health, hair growth, and overall well-being, often containing vitamins, minerals, and antioxidants.
-
Home Use Beauty Devices: Devices like facial cleansing brushes, LED light therapy masks, and microcurrent devices designed for at-home skincare treatments.
