Beauty Store Business magazine - January, 2020

Dr. Jart +

Estée Lauder Acquires Dr. Jart +

The Estée Lauder Companies has acquired Have & Be Co. Ltd., the company that owns global skincare brand Dr. Jart+ and men’s grooming brand Do The Right Thing. This new found partnership between Estée Lauder and Dr. Jart+ will helped further strengthen Estée’s leadership position within the skincare segment of the beauty industry and will help expand its reach in Asia/Pacific, North America and the UK. Estée Lauder expects net sales to increase by $500 million as a result of the acquisition.