LVMH-Backed L Catterton Agrees to Buy Majority Stake in Kiko
The private equity fund has entered into a definitive deal with the Percassi family, which will retain a “significant stake” in the business.
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
"French cosmetics giant L'Oreal said it could raise enough cash to buy the 23 billion euro (19 billion pounds) stake Nestle holds in it but steered
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
"With new digital tools marketers can reach the likeliest customers when they are most in the mood to buy... Instead of just lobbing messages out
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The private equity fund has entered into a definitive deal with the Percassi family, which will retain a “significant stake” in the business.
The company confirmed in January that it planned to restart activities in Venezuela in the first half of 2024 with local partner Grupo Futura.
The move means Shein could be liable for fines of as much as 6 percent of global revenue for violating the law, designed to curtail the spread of illegal content online.
Since the merger announcement, Capri has reported weaker-than-forecast earnings twice, spurring concern about its performance in the coming quarters.
The new scent, Zouzou, is the fashion house’s first new perfume since 2022.
Unilever Plc sales jumped more than expected in the first quarter as Chief Executive Officer Hein Schumacher pushes ahead with his turnaround plan and shoppers come back to premium brands.
President Biden signed the bill that gives China-based ByteDance 270 days to divest TikTok’s US assets or face a ban.
The Alphabet Inc. company said in a blog post Tuesday that it’s still working with the ad industry and regulators on the plan.