By
Sarah Ahssen
Sarah Ahssen
Published
Mar 25, 2016
Mar 25, 2016
Nestlé Skin Health becomes even stronger in dermatology
By
Sarah Ahssen
Sarah Ahssen
Published
Mar 25, 2016
Mar 25, 2016
Nestlé Skin Health, the subsidiary of Swiss giant Nestlé founded in 2014 and specialised in dermatology, recently set up a joint-venture with US company Guthy-Renker. The latter notably manufactures the Proactiv anti-acne products, heralded as one of the world's best-selling brands.
Nestlé Skin Health stated it holds a majority interest in the new enterprise. According to the American press, Proactiv generated nearly $1 billion in sales in 2015. As for Guthy-Renker, the company specialises in the distribution of cosmetics and fitness products through TV and the web.
Copyright © 2024 FashionNetwork.com All rights reserved.