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European Commission Approves Shiseido's Purchase Of Dolce & Gabbana Beauty Line

August 19, 2016: 12:00 AM EST
Shiseido’s acquisition of Italian fashion company Dolce & Gabbana’s lineup of beauty-care products has been approved by the European Commission, after determining the proposed deal would not cause anti-competitive issues. French company Beaute Prestige International, controlled by Shiseido, will buy Dolce & Gabbana’s global licenses for fragrances, color cosmetics, and skincare products. This will let Shiseido develop, make, and sell products under the Italian brand.
"EU approves Shiseido takeover of Dolce & Gabbana beauty range", Europe Online , August 19, 2016, © europe online
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