CK Hutchison explores Marionnaud sale: AS Watson exits prestige beauty

Marionnaud sale

CK Hutchison has confirmed talks to sell Marionnaud, the roughly 700-store European perfumery chain owned by AS Watson, to BEHN, the investment vehicle of Groupe Bogart shareholder David Konckier. The move would end more than 20 years of ownership and hand a marquee prestige-beauty asset to a fast-consolidating French perfumery group.