L’Oreal May Buy Stake In Armani: Reports
L’Oréal plans to take a stake in Armani even as it completes a $4.6 billion acquisition of Kering’s beauty division.
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L’Oréal To Acquire Majority Stake In Medik8
- by BW Retail World Bureau
- June 9, 2025
The partnership with L’Oréal will allow Medik8 to deepen its presence in existing markets and expand globally
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International
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The Body Shop UK Seeks Restructuring Through Administration
- by BW Retail World Bureau
- February 14, 2024
The Body Shop appointed administrators to accelerate the restructuring of the UK business, as per the media statements. “Today, the directors of The Body Shop International Limited have appointed Tony Wright, Geoff Rowley and Alastair Massey of business advisory firm FRP as joint administrators of the company, which operates The Body Shop’s UK business,” said an […]
Beauty
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L’Oreal Sales Grow Despite Travel Retail Headwinds, Outperforms Estee Lauder In China
- by BW Retail World Bureau
- February 10, 2024
L’Oreal’s fourth-quarter sales increased 6.9 per cent, slower than the previous quarter, as its travel retail division continued to suffer from changes in daigou reseller laws. The Paris-based firm, which owns brands ranging from Lancome to Maybelline, reported sales of 10.6 billion euros (USD 11.4 billion), slightly lower than average predictions of 10.9 billion euros […]