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The Estée Lauder Companies has agreed to acquire Ayurvedic beauty line Forest Essentials. The move marks the first purchase by the conglomerate led by chief executive Stéphane de La Faverie.
Founded in 2000 by Mira Kulkarni, Forest Essentials is known for its science-meets-luxury approach to Ayurvedic skincare, along with its distinctive Indian heritage. The brand, which has roughly 200 freestanding stores and a significant hospitality business, mostly in India, will continue to operate in…
