Puig Announces New CEO
Jose Manuel Albesa will succeed Marc Puig, becoming the first non-family member to lead the Spanish conglomerate in more than 20 years.

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

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

"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

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

"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
ADVERTISEMENT

In pursuit of beauty ( The Economist) Nestlé, the Swiss food giant, may take over L'Oreal.

In pursuit of beauty ( The Economist) Nestlé, the Swiss food giant, may take over L'Oreal.
ADVERTISEMENT
Jose Manuel Albesa will succeed Marc Puig, becoming the first non-family member to lead the Spanish conglomerate in more than 20 years.
The company has been hampered with disruptions to supply chains, elevated inflation, growing competition from low-cost manufacturers and trade tariffs.
The proposal would give companies the option to share results twice a year.
Kering’s newly created jewellery division regroups Boucheron, Pomellato, Dodo and Qeelin brands as the company aims to pool resources. The conglomerate is also regrouping fashion brand reporting, shielding smaller labels from investor scrutiny.
Saks is moving towards exiting bankruptcy and tapped an additional $300 million of its Chapter 11 financing package.
War in the Middle East, the luxury industry’s fastest-growing market, threatens to delay a long-expected rebound in demand.
The executive order directs the FTC chairman to prioritise enforcement of existing laws against sellers and manufacturers who falsely claim products are made in America.
Owner Lanvin Group said it is ‘fully committed’ to the French label’s development under creative director Peter Copping, with CEO Andy Lew in charge of management.