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Estée Lauder Completes Purchase of Dr. Jart+

Expands the company’s consumer reach in Asia/Pacific, North America, the UK and travel retail.

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By: Charlie Sternberg

Associate Editor

The Estée Lauder Companies Inc. has completed its acquisition of Have & Be Co. Ltd., the Seoul-based, global skin care company behind Dr. Jart+ and men’s grooming brand Do The Right Thing.
 
Founded in 2005 by ChinWook Lee in Seoul, South Korea, Dr. Jart+ is a high-growth, global skin care brand fueled by innovation that offers a variety of high-performing skin care products. With a unique combination of dermatological science and art, Dr. Jart+ appeals to a broad range of consumers and has a devoted following among millennials in Asia and the United States.
 
Best known for on-trend skin care collections such as Cicapair and Ceramidin, the brand is renowned for its fast-moving innovation pipeline and rapid speed-to-market capabilities. Sold through specialty-multi channels, travel retail, freestanding stores, high-end department stores and e-commerce sites in more than 35 countries globally, the brand offers a wide range of moisturizers, masks, cleansers and serums.
 
Read more about the acquisition here.

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