Hong Kong-listed L'Occitane to buy skincare brand Elemis for $900m

Hong Kong-listed L'Occitane to buy skincare brand Elemis for $900m

Customers sit inside a L'Occitane International SA cafe in the Shibuya district of Tokyo, Japan, on Thursday, Nov. 16, 2017. Photographer: Keith Bedford/Bloomberg

Luxury cosmetics firm L’Occitane International SA agreed to buy privately held beauty and skincare brand Elemis for about $900 million as it seeks to build its presence in the U.K. and the U.S.

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