Ahh, the unmistakable scent of a new Business Teardown! This one has notes of brand elegance and a touch of sophisticated aesthetics… but does it have the sweet smell of business success?  Excuse our indulgence in some beauty-based puns; this week, we're taking our first look at a skincare brand that has long been admired for its design, customer experience, and attention to detail - Aesop. With its unique amber bottles, stunningly designed stores, and a deep-rooted commitment to botanical science, Aesop's strategy goes beyond just selling skincare products. It's about selling an experience, a philosophy, and a lifestyle. The brand has carved out a niche in the competitive skincare market by merging a keen sense of design with quality formulations. In this episode, we'll explore how Aesop's distinctive branding, commitment to sustainability, and authentic storytelling have made it a beacon in luxury skincare.  But is this high-end brand all looks and no business substance? Or does Aesop deserve its fabled status?   In this latest dMBA teardown, Alen, Franz, and Tom discuss…. Why Aesop's investment in spa-like store experiences has been a strategic masterstroke How a deep commitment to saying 'no' has helped Aesop own its place in a competitive market The reasons its recent acquisition was a complete no-brainer for new owner L'Oreal How China (and its booming luxury market) could unlock enormous growth for Aesop So relax, unwind, and indulge in another episode of the Business Teardown.   www.d.mba