Bettencourt: Nestle no threat to L’Oreal
L’Oreal billionaire shareholder Lilian Bettencourt has said that the food giant poses no threat to L’Oreal’s interests or independence, and has reiterated her position and passion for the cosmetics company.
Nestlé will not make a decision on L’Oréal stake until 2014
Nestlé chairman Peter Brabeck says the company will not make a decision on what to do with its 30 per cent stake in L’Oréal until 2014, when selling restrictions are lifted.
The Body Shop hosts tell-all suppliers event
UK cosmetics retailer The Body Shop has hosted its own event focusing on the key challenges and expectations for the future, and to re-emphasise its individuality and uniqueness in business.
Greentech urges cosmetics industry to increase ethical ingredients sourcing
Active ingredients producer Greentech has urged the cosmetics industry to establish long term relationships and to ensure respect is given to any local environments affected by its sourcing activities.
L’Oreal saga over family fortune continues
Daughter of L’Oreal heir Liliane Bettencourt has requested that her mother be placed under judicial supervision as she deems her incapable of controlling her finances.
The Body Shop’s woes cannot be blamed on the economic crisis alone
The Body Shop needs a health check, judging by L’Oreal’s 2008 financial results. The brand reported a sales drop of 2.3 percent, not accounting for new stores opened during the year.
Nestle should resist the temptation to acquire L'Oreal, says report
Nestle can’t, shouldn’t and probably won’t mount a takeover bid for L’Oreal, according to a new report from Bernstein Research.
Report slams L'Oreal management and predicts tough 2009
L’Oreal has been trading on past glories and is beginning to pay the price for years of mismanagement, according to a new report from Bernstein Research.
L'Oreal heiress seeks to reassure staff
The largest shareholder in L’Oreal has sought to reassure staff that she is of sound mind after giving away a sizable portion of her estimated $23bn fortune to a celebrated photographer.
YSL Beaute signs definitive agreement with L'Oreal
YSL has sealed the deal with L'Oreal to become a part of its luxury
products division in a move that extends the cosmetics giant's
presence in the premium segment.
L'Oreal targets suppliers with dedicated website zone
L'Oreal has dedicated a section on its website to existing and
prospective suppliers, detailing the company values and policies.
L'Oreal extends Russian business with new plant
Cosmetics giant L'Oréal is investing in a new Russian factory south
west of Moscow in an attempt to capitalise on this ever expanding
Italian authorities investigate leading cosmetics firms
Italy's competition authority has launched an investigation into
some of the world's largest cosmetics companies over price-fixing
Body Shop scores again in 'green' survey
UK-based The Body Shop has been nominated the 'greenest' British
brand by consumers who also voted Unilever's brand Dove into the
L'Oreal targets men's market with sportswear deal
L'Oreal has developed a range of fragrances and deodorants with
sportswear brand Airness in an effort to increase its presence in
the growing men's market.