"Unilever continues to build a portfolio of niche brands in premium beauty to capture opportunities in high-margin dynamic categories", said Ildiko Szalai, an analyst at Euromonitor International.
Carver Korea's AHC brand, pictured here, will be acquired by Unilever. "It will significantly strengthen our position in North Asia, the largest skincare market in the world".
Founded in 1999, Carver, which produces moisturisers, face masks and sun creams, was bought by Goldman Sachs and Bain Capital a year ago, when it reported revenues of €321m, nearly three times as high as in the previous 12 months.
Jope said the purchase will enable Unilever to "offer luxury skincare products at attainable price points". "They also bring us disruptive business models and business styles that are entrepreneurial, helping transform our business culture". The division collected €20.2 billion in revenue a year ago, or about 38 percent of the conglomerate's overall sales.
"So-called "K-Beauty" has become shorthand in the industry for beauty products which are driven by unusual natural ingredients, such as snail gel, volcanic ash and green tea", explains Ashley Armstrong for the Telegraph.
Defying Trump, Iran says will boost missile capabilities
But Iran is still subject to an arms embargo and other restrictions, which are not technically part of the nuclear agreement. That makes them only medium-range, which is still sufficient to reach Israel or USA bases in the Persian Gulf.
There are, no doubt, a few investment bankers walking around with their chok-chok glowing this morning.
Meanwhile, Unilever's acquisition of Carver Korea has set a new record for the largest merger and acquisition of domestic consumer goods, surpassing LG Household & Health Care's merger and acquisition of The Face Shop in 2010 for 446.7 billion won (US$402 million). In 2015, Carver posted total sales of about $130 million.
Unilever paid €2.27bn for its stake in Carver, a fast-growing skincare business which reported a threefold increase in revenues a year ago to €321m. "Based on that figure, Unilever paid 16.6 times EBITDA, in line with home and personal care deals over the past decade". Unilever also took over a 35 percent stake from founder Lee Sang-rok.
South Korean cosmetics companies had robust growth in past years, helped by strong Chinese demand, which has weakened recently amid geopolitical disputes in the region.
The spot features images of the likes of Pat Tillman, Steve Gleason and Sarah Thomas, the NFL's first female official. Overnight ratings for its singleheader slate of games were down 16% compared to last year's week 3 numbers.
Bill Cassidy, R-La., to the floor without the usual full analysis from the nonpartisan Congressional Budget Office. Rand Paul and other Republicans who might oppose the GOP's last-gasp effort to topple the Obama health care law.
He's the sort of player which every football pundit around seems to have linked Arsenal with signing in the past. The Northern Ireland global helped them to a respectable 10th-placed finish in the Premier League last season.
The police added that Najar was involved in the killings of dozens of civilians, police and other security personnel. Abdul Qayoom Najar alias Janshab, Abid, Wazeer and Qayoom chacha was the son of Abdul Ahad Najar of Batpora Sopore.
Fearing for his safety, one of the officers then fired several rounds at the man, hitting him once in the upper chest. Hartman said that police tried "over and over" to communicate with Monroe before deciding to enter the residence.
Jose , formerly a Category 3 hurricane, is expected to produce rip currents and high-surf along portions of the USA east coast. East Coast over the next day or so and advised people from North Carolina to New England to monitor Jose's progress.
Increasing wind shear (solid red lines) will weaken the maximum sustained winds of Maria over the next few days. Though the track may end up similar to Jose, the end game around our neighborhood will be much different.
It's the second week in a row the Saginaw, Bay City and Midland areas had the lowest and the Marquette area had the highest. The least expensive gas price averages in Florida are in Pensacola ($2.60), Tallahassee ($2.60) and Tampa-St.
Hurricane-force winds extend outward up to 60 miles from the center and tropical-storm-force winds extend outward up to 240 miles. Hurricane Maria continued on a path northward on Tuesday morning and will pass offshore of North Carolina over the next few days.
Geological Survey and Japan's Meteorological Agency both detected the tremor but said they could not judge the cause. North Korea's weakest nuclear test, its first one, conducted in 2006, generated a magnitude 4.3 quake.
Uber tops 500 000 signatures on petition to halt London ban
And Twitter user she was "annoyed" at the decision as Uber allowed her to get out of "uncomfy" situations if out at night. Khosrowshahi, who is less than a month into his new job, did not specify which mistakes Uber had made in London .
No Mercy: Lesnar survives war against the Monster
After their match at No Mercy , the Big Dog, Roman Reigns took to Twitter , to send out a message to his opponent John Cena . Despite Cena's moment feeling eerily similar to the Undertaker's at WrestleMania 33, John Cena is not hanging up his boots.
Trump on Obamacare Repeal Effort: 'That's the End of That'
Arizona Republican John McCain is opposing the bill, and Senator Susan Collins of ME says she's leaving heavily against it. The Congressional Budget Office (CBO) is expected to release a preliminary analysis of the legislation Monday afternoon.
Weiner sentenced to 21 months of prison in sexting case
Weiner , weeping as he read from a written statement on a page he held in front of him, called his crime his "rock bottom". His first texting scandal prompted Weiner , who was married, to admit to several inappropriate relationships.
Russian General Killed in Syria
Konashenkov said Moscow suspected the SDF of colluding with the terrorist group ISIS in Deir Ezzur rather than fighting it, as it claims to be.
Ali smashes ton as England bt West Indies
But then Moeen, dropped by Gayle at point on 87, switched gear dramatically as England piled up 123 runs in the last 10 overs. West Indies was all out for 245 in just 39.1 overs, with Chris Gayle's 94 from 78 balls the tourists' best response.
Ceballos double helps Real Madrid return to winning ways
Ceballos used his strength to muscle Ely off the ball before side-footing his 20-yard effort into the bottom left-hand corner. Cristiano Ronaldo is back, and played in the defeat against Real Betis, but will be hoping for more success this afternoon.
Turkey to discuss response to Kurdish independence vote
The council urged "dialogue and compromise" to address differences between the Iraqi government and the regional authorities. Wages, including those of Kurdish peshmerga fighters, were slashed after those transfers ended.