French cosmetics giant L'Oréal has for years relied on the Chalhoub Group to distribute its products in the United Arab Emirates, the Middle East's top market for high-end cosmetics (Glitz, 27/10/22). But L'Oréal's latest acquisition - the luxury cosmetics brand Aesop, purchased for €2.53bn in April - has another distributor. In the UAE, Aesop is associated with the Seddiqi family, who operate its three shops in the country. The latest of those opened just days ago in the Mall of the Emirates.
The