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Shiseido acquires Joico

This article was originally published in The Rose Sheet

Executive Summary

Japanese cosmetics firm is expanding U.S. professional business with acquisition of Joico Laboratories, a Los Angeles, Calif. salon hair care manufacturer, Shiseido announces Dec. 28. Joico will operate under Shiseido's wholly-owned professional subsidiary, Zotos International, the company said. Move marks Shiseido's fourth acquisition in the U.S. salon sector; firm purchased Zotos and Lamaur's professional products in 1988 and Helene Curtis Professional in 1996. Joico was founded by President and CEO Steve Stefano 25 years ago. Brands within the company's product portfolio include Joico, I.C.E. Hair, Vero and Triactive...

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