Flash Report 2 minutesRegister for Free AccessEstée Lauder Continues International Growth in Skincare with Acquisition of Have & Be, Owner of Dr Jart+ Brand Coresight Research November 19, 2019 Executive SummaryOn November 18, 2019, The Estée Lauder Companies announced it will acquire Have & Be Co. Ltd., the parent company of Dr. Jart+ and men’s grooming brand Do The Right Thing. Estée Lauder announced it has signed an agreement to acquire the shares that it does not already own in Have & Be, a Seoul-based global skin care company behind Dr. Jart+ and men’s grooming brand Do The Right Thing. The company initially invested in Have & Be in 2015, and since then Dr. Jart+ has grown significantly and is expected to hit $500 million in net sales by the end of calendar year 2019. Dr. Jart+ is expected to help further strengthen The Estée Lauder Companies’ leadership position in skincare and will expand the company’s consumer reach in Asia Pacific, North America, the UK and in travel retail. Please Login to read the full report. Not a member? Register for a free user account. This document was generated for Other research you may be interested in: Weekly US and UK Store Openings and Closures Tracker 2023, Week 4: UK Closures Down 29%US Apparel and Footwear—Retail 2025 Sector Outlook: Low-Single-Digit Growth Expected, with E-Commerce Capturing ShareRoblox and Fortnite: Bridges to the Metaverse for Fashion BrandsTop Tech for US Drugstores and Pharmacies: A Prescription for Digitally Enabled Success
