Japan’s largest beauty company said the deal could take place around the first half of 2021.
The subscription-based app, which doubles as a tutorial feed and e-commerce platform, just launched earlier this year.
The multimedia fundraiser, aptly digital-native for sequestered participants, goes live on Thursday, May 28.
The Japanese beauty company withdrew its guidance for the fiscal year, but said it was too early to publish amended forecasts.
Japan’s largest beauty company posted a profit and sales rise in the first nine months of this year.
The brand helped bring the “clean beauty” concept into consumer consciousness.
The Tribe Dynamics report details the top ranking makeup, skin- and hair-care brands in earned media value for November 2018.
The report details the top 10 brands across makeup, skin care and hair care with the most earned media value.
Tribe Dynamics’ September report details the top makeup, skin- and hair-care brands with the most earned media value.