Flash ReportEstée 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? To access this content for free, register for a free account. This document was generated for Other research you may be interested in: Weekly US Store Openings and Closures Tracker 2025, Week 36: Bath & Body Works and Ollie’s Bargain Outlet To Open Additional StoresAgentic Commerce: How Retailers Can Employ OpenAI’s Agentic Commerce Protocol To Unleash a True AI Shopping AgentThree Data Points We’re Watching This Week, Week 33: US Consumers’ Tariff PerceptionsConsumer Optimism Softens Ahead of Golden Week: China Consumer Survey Insights
