THE WHAT? Beiersdorf has signed an agreement to acquire the premises where its La Prairie brand was born. The German manufacturer of Nivea will purchase the Clinique La Prairie building along with six further edifices on the site.
THE DETAILS Financial terms of the deal were not disclosed but the lakeside property will continue to operate as a medical and health clinic post-acquisition, according to a report published by Spa Business.
THE WHY? Vincent Warnery, Beiersdorf CEO told Spa Business, “I’m thrilled about the acquisition of this historic real estate property in Montreux, Switzerland, reuniting the iconic La Prairie brand with its birthplace. This strategic move strengthens Beiersdorf’s luxury business and fosters a unique partnership between La Prairie and Clinique La Prairie that inspires even closer collaboration opportunities.”
Clinical aesthetics products refer to a category of products used in the field of medical aesthetics or cosmetic dermatology. These products are typically designed and formulated to be used under the supervision of healthcare professionals, such as dermatologists, plastic surgeons, or trained aestheticians. They are distinct from over-the-counter cosmetics in that they often contain active ingredients or formulations that require expertise in their application or administration.
Examples of clinical aesthetics products include:
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Dermal Fillers: Injectable substances used to add volume, smooth wrinkles, and enhance facial contours. Examples include hyaluronic acid fillers like Juvederm and Restylane.
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Botulinum Toxin (Botox): Injectables that temporarily paralyze facial muscles to reduce the appearance of wrinkles caused by repetitive movements, such as frown lines and crow's feet.
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Chemical Peels: Solutions applied to the skin to exfoliate and improve its texture. They can treat acne, pigmentation issues, and signs of aging.
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Laser and Light Therapies: Devices that emit focused light or laser energy to treat various skin conditions, including acne, scars, and signs of aging.
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Prescription Skincare Products: Formulations containing active ingredients like retinoids (vitamin A derivatives), hydroquinone, or prescription-strength antioxidants to address specific skin concerns under medical supervision.
