French beauty major L’Oréal has signed a deal to acquire Natura &Co-owned Australian luxury skin care brand Aesop in a deal set to propel global growth for the cult, clean aesthetic brand.
Natura &Co says its partnership with Dutch eco video streaming platform WaterBear will help emphasise the seriousness of the climate crisis and shift perceptions around traditional communities to spotlight them as biodiversity guardians.
Henkel, L’Oréal, LVMH, Natura &Co and Unilever are forming a global beauty consortium to co-develop an industry-wide environmental impact assessment and scoring system for cosmetics.