Shiseido closes Drunk Elephant buy [Reuters]
SHISEIDO CO LTD S/ADR (SSDOY)
NASDAQ:AMEX Investor Relations:
shiseidogroup.com/ir
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Source: Reuters
Shiseido closes Drunk Elephant buy - PE Hub Shiseido closes Drunk Elephant buy Shiseido Co Ltd was announced in October PRESS RELEASE Shiseido Completes Acquisition of DRUNK ELEPHANT™ Welcomes Innovative, Rapidly-Growing Prestige Skincare Favorite to Shiseido’s Global Portfolio Strengthens Shiseido’s Leadership in the Global Prestige Skincare Market TOKYO – November 7 “Today marks an exciting moment for Shiseido and we are thrilled to welcome Drunk Elephant to the Shiseido family,” said Marc Rey, CEO, Shiseido Americas and Chief Growth Officer of Shiseido. “Drunk Elephant’s strong brand foundation and unique philosophy fit perfectly with Shiseido’s values and skincare heritage. We are confident that we will be able to further strengthen and support Drunk Elephant on its ongoing growth trajectory, expanding the brand into new and existing markets both in the Americas and internationally. We look forward to capitalizing on the significant opportunities ahead.” ABOUT SHISEIDO COMPANY
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