2 Min Read |

As the Chinese beauty industry grows, one of several cosmetic firms backed by Arnault’s private equity investment fund is poised to go public in Shanghai.

PARIS, France — Bernard Arnault’s good fortune is rubbing off on some of China’s biggest skin-care companies and their founders.

The French fashion tycoon, who supplanted Microsoft Corp co-founder Bill Gates as the…

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Updated December 2022

by Richard McKeon