L'Oréal To Buy Yves Saint Laurent Beauté, Boucheron & More {Fragrance News}


WWD reports that L'Oréal is interested in acquiring exclusive world-wide and long-term licenses for several prestigious luxury beauty and fragrance brands to complement its portfolio. It is currently in negotiation with PPR, which belongs to the Pinault family. Included in the $2. 26 billion deal are Yves Saint Laurent Beauté Holding including Roger et Gallet, Boucheron, Stella McCartney, Oscar de la Renta, and Ermenegildo Zegna.

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