According to official documents submitted by both parties to the French government, the value of this transaction is 16.32 million euros.

Shanghai Jahwa has completed another acquisition of a maternal and child company.

Luna Daily’s vision is to empower women with more choices and greater autonomy in their body and personal care.

The restructured company plans to raise $670 million through the sale of new shares after exiting bankruptcy proceedings and become a privately held company.

Unlike traditional venture capital or private equity firms, which often believe the true value of an investment ends once the check is written, Beach House Ventures brings a wealth of reliable experience in areas such as entrepreneurship and exit strategies as seasoned entrepreneurs themselves.

The participants in the new incubation project include 12 brands such as Topicals, Eadem, and Hyper Skin from Sephora’s 2021 Accelerate program.

At the same time, the digitization process across all of the Group’s businesses continues to evolve: Aesop remains the most digitalized of all business units

For the full fiscal 2022, Unilever’s turnover jumped 14.5% to €60.1 billion and underlying sales growth reached 9%. GAAP operating profit surged 24% compared to 2021 to hit €10.8 billion.

For the outlook, André Hoffman, the Vice-Chairman & Chief Executive Officer of L’Occitane noted:“The strongest of the current headwinds are likely to prove short-term. We remain optimistic about our long-term strategy.”

P&G said it plans to continue raising prices despite a drop in sales volumes, warning that high commodity costs were pressuring profits.