L'Oréal Groupe to Acquire a Majority Stake in Medik8

Retail
Written By Rick Watson

L'Oréal is a French multinational personal care corporation and the world's largest cosmetics company, specializing in the development, manufacturing, and sale of hair, beauty, and health products.

Medik8 is a UK-based, globally recognized skincare brand known for its science-backed, results-driven products.

L'Oréal Groupe announced that it has acquired a majority stake in Medik8, a premium science-backed skincare brand for a reported $1.1 billion. A European private equity fund Inflexion will retain a minority stake. L'Oréal strengthens its Luxe portfolio with a brand that has global growth potential.

L’Oréal: LOREAL GROUPE TO ACQUIRE A MAJORITY STAKE IN MEDIK8

Rick Watson

Rick Watson founded RMW Commerce Consulting after spending 20+ years as a technology entrepreneur and operator exclusively in the eCommerce industry with companies like ChannelAdvisor, BarnesandNoble.com, Merchantry, and Pitney Bowes.

Watson’s work today is centered on supporting investors and management teams incubating and growing direct-to-consumer businesses. Most recently, in partnership with WHP Global, Rick was a critical resource in architecting the WHP+ platform, a new turnkey direct to consumer digital e-commerce platform that powers AnneKlein.com and JosephAbboud.com.

Watson also hosts a weekly podcast, Watson Weekly, where he shares an unbiased, unfiltered expert take on the retail sector’s biggest players.

In the past year alone, Rick has spoken at many in-person and virtual events as well as podcasts on topics ranging from retail/ecom to supply chain/logistics and even digital grocery including CommerceNext IRL, ASCM Connect, and Retail Innovation Conference.

https://www.rmwcommerce.com/
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