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Estee Lauder acquires minority stake in Forest Essentials

Published on Fri, Jul 18 at 18:21 , Updated at Fri, Jul 18 at 21:05
Source : CNBC-TV18

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Estee Lauder Group,  a USD 7 billion American skin and beauty company, has picked up minority stake in Forest Essentials, reports CNBC-TV18. The group owns brands like Mac, Bobby Brown, and Clinique. Forest Essentials will be the only Ayurvedic brand in the group. As of now, it operates seven stores in India.

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