To maintain incentives for the kind of innovation that keeps Europe at the heart of the global fragrance industry, scents should be protected by intellectual property law, argues Kimiya Shams.
PARIS, France — L’Oreal SA, the world’s largest cosmetics maker, agreed to acquire NYX Cosmetics for an undisclosed price, bolstering its makeup offer in North America where its consumer-products unit has faltered.
PARIS, France — L’Oréal SA, the world’s largest cosmetics maker, reported a 2.2 percent drop in first-quarter revenue as unfavorable currency fluctuations and slowing demand in North America weighed on growth.
PARIS, France — L’Oreal SA, the world’s largest cosmetics company, agreed to buy back 8 percent of its stock for 6 billion euros ($8.2 billion), from Nestle SA.
PARIS, France — Nestle SA is exploring ways to reduce its $30 billion stake in L’Oreal SA and has signaled its intentions to the world’s largest cosmetics maker’s management, people with knowledge of the matter said.
PARIS, France — French cosmetics giant L'Oréal has the resources to buy back the 23 billion euro ($30 billion) stake Nestlé holds in it, the company's boss said on Friday, though he steered clear of pledging such a move.
ZURICH, Switzerland — Nestlé wants to keep its options open for its stake in cosmetics firm L'Oréal and will not extend a purchase contract with France's Bettencourt family, the food group's chairman told a Swiss newspaper.
PARIS, France — L'Oréal, the world's largest cosmetics group, has offered to acquire Chinese skincare company Magic Holdings International for HK$6,538 million ($840 million).