L'Oreal SA (OREP.PA)
19 Jul 2019
Tue, Jul 2 2019
PARIS L'Oreal is in talks to buy the Mugler and Azzaro brands from Clarins Group, as the French luxury goods group reinforces its presence in upmarket cosmetics.
* L'Oreal in talks to buy brands from Clarins (Adds further detail and fund manager comment)
PARIS, July 2 French luxury goods and cosmetics company L'Oreal has started exclusive talks with Clarins Group over buying the Mugler and Azzaro brands, L'Oreal said on Tuesday.
PARIS L'Oreal's virtual reality business ModiFace will provide make-up testing technology to Amazon, the French beauty group said on Tuesday, allowing customers of the shopping site to try on lipsticks using mobile phone videos or photos.
* Amazon has launched its own 'Belei' beauty and skincare line
ZURICH/BERLIN, May 8 The Swiss blue-chip SMI was seen opening 0.3 percent lower at 9,550 points on Wednesday, according to premarket indications by bank Julius Baer.
* Nestlé Waters, PepsiCo and Suntory Beverage & Food Europe join consortium founded by Carbios and L’Oréal to support the world’s first enzymatic technology for the recycling of plastics
PARIS French beauty group L'Oreal said on Thursday that Axel Dumas, the CEO of Birkin-bag maker Hermes, had resigned as a board member as the luxury group starts work on its own line of cosmetics.
PARIS, April 18 French beauty group L'Oreal said on Thursday that Axel Dumas, the CEO of Birkin-bag maker Hermes, had resigned as a board member as the luxury group starts work on its own line of cosmetics.
PARIS L'Oreal's shares rose on Wednesday after the French cosmetics group beat first-quarter sales forecasts.