Beauty & Balance

L’Oréal to Sell Roger & Gallet Brand

PARIS — L’Oréal said Tuesday that it is in exclusive negotiations with the French investment holding concern Impala for the sale of the Roger & Gallet brand. This comes “following a strategic review regarding the best development options” for the French personal-care brand that was born with pharmacy fragrances, L’Oréal said in a statement. Roger […]

Beauty & Balance

L’Oréal Signs Agreement for Mugler and Azzaro Fragrances

PARIS — L’Oréal is delving deeper into the designer fragrance category after having signed an agreement to acquire the Mugler brands and Azzaro fragrances from Groupe Clarins. The activities — including Mugler, Thierry Mugler (fashion), Clarins Fragrance Group (or CFG), CFG France, Cosmeurop and CFG U.K. — generated about 340 million euros of sales last […]

Beauty & Balance

L’Oréal Invests in Biotech

PARIS — L’Oréal is dipping into biotech. The French beauty giant said Wednesday that it has taken a minority stake in Carbios, a French company that produces bio-industrial solutions to reinvent the lifecycle of plastic and textile polymers. Terms of the deal, which was made through L’Oréal’s corporate venture fund BOLD, Business Opportunities for L’Oréal Development, […]