THE RETAIL BULLETIN - The home of retail news
Click here
Home Page
News Categories
Commentary
Department Stores
Electricals and Tech
Entertainment
Fashion
Food and Drink
General Merchandise
Grocery
Health and Beauty
Home and DIY
Interviews
People Matter
Retail Business Strategy
Property
Retail Solutions
Electricals & Technology
Sports and Leisure
Christmas Ads
Shopping Centres, High Streets & Retail Parks
Retail Events
People in Retail Awards 2024
Retail HR Summit
THE Retail Conference
Retail HR North 2025
Omnichannel Futures 2025
Retail HR Central 2025
Upcoming Retail Events
Past Retail Events
Retail Insights
Retail Solutions
Advertise
About
Contact
Subscribe for free
Terms and Policies
Privacy Policy
Nivea owner to acquire Chantecaille

Nivea owner Beiersdorf is to acquire the Chantecaille beauty brand as part of plans to grow its prestige beauty portfolio. The deal values the business at… View Article

HEALTH AND BEAUTY NEWS

Nivea owner to acquire Chantecaille

Nivea owner Beiersdorf is to acquire the Chantecaille beauty brand as part of plans to grow its prestige beauty portfolio.

The deal values the business at between $590 million and $690 million.

Founded by Sylvie Chantecaille in 1997, Chantecaille offers a range of skin care, fragrance and cosmetic products that are made with botanical ingredients. Based in New York, the company is expected to generate global sales in excess of €100 million in 2021.

Chantecaille will continue to be managed separately as a complementary brand within Beiersdorf Group next to La Prairie following the acquisition.

Vincent Warnery, chief executive of Beiersdorf, “Through the acquisition of Chantecaille, we are bolstering our portfolio in prestige beauty and strengthening our position, especially in the US, China and Korea, which is a priority of our C.A.R.E.+ strategy.

“With its strong philanthropic approach, Chantecaille is a clarion voice for global environmental concerns and supports conservation efforts around the world that are in line with Beiersdorf’s sustainability agenda Care Beyond Skin.”

 

Subscribe For Retail News