L'Oreal has made a major move in the luxury skincare market by signing to acquire Australian brand Aesop for $2.53 billion. This is L'Oreal's biggest brand acquisition yet, and it comes at a time when the company is moving towards more upmarket labels where consumers are less affected by economic downturns. The purchase provides some financial relief to Brazilian company Natura, which owns Avon and The Body Shop, and has been struggling with shrinking margins and heavy debt.

“New Year, new me” is what they all say, and this week’s beauty roundup will help kick start your 2020! Get ready for Aesop’s official PH location and visit A’pieu’s newly-opened flagship store. Tiffany & Co. has released a gorgeous perfume duo while Pat McGrath has us lusting (yet again) for her new eyeshadow palette drop!

Who’s ready for another beauty roundup?! This week is packed full of exciting news, both global and local! First up, we’ve got the scoop on Aesop making its way to the Philippines, plus a rare Michelle Phan upload and launch. We’ve also got a detailed look into Victoria Beckham Beauty (think smoky and chic) and the new drops from FENTY! Also, if you still struggle to get your wings even, stick-on eyeliners might be your new bff. Happy reading!