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Khaled Hashem, the Minister of Industry, discussed with L'Oreal Egypt plans to enhance its investments and increase local components in manufacturing. The meeting also addressed boosting exports to meet the needs of regional and international markets.
Reports indicate that American company <strong>Estée Lauder</strong> and Spanish firm <strong>Puig</strong> are making significant progress in merger negotiations, potentially creating one of the largest entities in the luxury beauty sector. This development comes amid substantial changes in the cosmetics industry as major companies seek to strengthen their market positions.
Dermatologists report that using skincare products containing <strong>hyaluronic acid</strong> helps maintain skin moisture and enhances its radiance. Daily application of these products is essential for optimal results.
Roses, revered by ancient Egyptians for their beauty rituals, remain a valuable ingredient in skincare. From Cleopatra's baths to modern techniques, roses continue to enhance skin health.
JOY GROUP announced its financial results for 2025, surpassing revenues of <strong>$620 million</strong> with retail sales reaching <strong>$730 million</strong>. This marks a notable growth of <strong>22%</strong> compared to the previous year, showcasing the company's continued strength in the market.
Estée Lauder has announced negotiations to acquire the Spanish company Puig, potentially forming a beauty giant with annual sales of around $20 billion. The companies have not disclosed details of the deal.