L’Oreal, the French personal care company, has confirmed it has entered into exclusive negotiation with Clarins, a French skin care, cosmetics and perfume firm, with a view to acquiring the brands Mugler and Azzaro. Mugler and Azzaro are positioned as luxury fashion and toiletry brands with a range of male, female and unisex fragrances. Mugler was created by French fashion designer Thierry Mugler, while the Azarro label was founded by …
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L’Oreal
International cosmetics firm L’Oreal is strengthening its presence in the natural personal care space with the acquistion of the German company Logona. Founded in 1978 and based in Hanover, Germany, Logona markets a range of products under brands such as Logona and Sante, with an emphasis on plant extracts and natural ingredients. The firm’s premium-positioned Logona brand range includes haircare, skincare and hygiene products and is mostly sold through specialist channels. Meanwhile the …
French cosmetics giant L’Oreal is planning the launch of a new brand of organic cosmetics for this coming September, according to an LSA report. Named La Provencale Bio, the product range is set to source many of its main ingredients from the south-eastern region of Provence, and will also be manufactured in France . Intended for mass market distribution, La Provençale Bio will be based on natural ingredients such as …
L’Oreal, the global beauty firm, has announced the acquisition of the Korean fashion and cosmetics firm Nanda for an undisclosed sum. Founded in the South Korean capital Seoul in 2004, Nanda is spearheaded by its make-up brand 3CE which today represents more than 70% of its business. The firm generated revenues of €127 million ($152 million) in 2017 and employs nearly 400 staff. Described as “a highly desirable brand among Korean and Chinese …
L’Oreal, the global personal care giant, has announced that it has signed a contract for the sale of The Body Shop to Brazil-based Natura Cosmeticos. The French firm announced earlier in June that it was in “exclusive discussions” with Natura Cosmeticos over a potential deal, which valued The Body Shop at an enterprise value of €1.0 billion ($1.1 billion). Speculation regarding a possible sale first surfaced in February, although the …
L’Oreal, the global cosmetics giant, is contemplating the sale of its The Body Shop business for around €1 billion ($1.1 billion), according to sources quoted in the Financial Times. The company is said to be considering the possibility in light of worsening operating losses at the ethical business, which are described as increasing to €22.2 million ($23.7 million) in the first half of last year from €7.2 million ($7.7 million) …
Valeant, a Canada-based multinational pharmaceutical company, is to sell the CeraVe, AcneFree and Ambi skincare brands to L’Oréal for $1.3 billion in cash. The CeraVe brand lineup includes cleansers and moisturisers for hand, face and body, as well as baby toiletries, and is based on ceramides, cholesterol and fatty esters delivered through a controlled-release system. The AcneFree range consists of lotions, wipes and other topical anti-acne products, while the Ambi line includes …
L’Oreal, the French cosmetics giant, has announced the signing of a definitive agreement to acquire US firm IT Cosmetics for $1.2 billion in what is the firm’s largest acquisition in eight years. According to L’Oreal, IT Cosmetics is one of the fastest growing prestige beauty brands in the United States, offering more than 300 high-performance beauty products focusing on colour cosmetics, skincare, brushes and tools, and had net sales of …
Personal care giant L’Oreal has announced that it is in exclusive talks to acquire the Thermes de Saint-Gervais-les-Bains brand of spa-style toiletries from fellow French firm Groupe Rivadis. L’Oreal said it had submitted a firm offer to Rivadis Group for the acquisition of the business as well as the licence to use the Saint-Gervais Mont-Blanc brand. According to L’Oreal, Saint-Gervais Mont-Blanc products are formulated with 100% Mont-Blanc thermal spring water and natural …
Leading FMCG multinationals Unilever, Henkel and L’Oreal are among the first-round bidders for US haircare firm Vogue International, according to sources quoted in a Reuters article. Founded in 1987 and headquartered in Clearwater, Florida, Vogue International sells and distributes hair care and other personal care products to to major retailers, primarily through the food, pharmacy and mass channels of distribution, both domestically throughout the US and globally in 38 countries. Vogue’s branded products include the …
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