Shiseido Company, Ltd.’s planned acquisition of DDG Skincare Holdings LLC, owner of dermocosmetics brand Dr. Dennis Gross Skincare, will give it a strong position in the booming doctor-led skin care market and fuel growth of its Americas business, it says.
Shiseido Reinforces US Position, Taps Dermocosmetics Growth With Dr. Dennis Gross Acquisition
Acquisition of the doctor-led “#1 At-Home Peel” brand continues Shiseido’s work to build its Americas business and strengthens its game in the dermocosmetics space, which has been growing fast since the pandemic. The firm’s net sales in the first nine months of 2023 increased 5% like-for-like to ¥722.4bn.
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