L’Oréal in talks with Clarins to acquire Mugler and Azzaro

L'Oréal expects the acquisition of the Mugler and Azzaro fragrance brands to be completed sometime in 2019

French beauty group L’Oréal has entered exclusive negotiations with France-based Clarins Group to acquire the Mugler and Azzaro brands.

“The perfume category is at the heart of our global strategy for growth at L’Oréal Luxe,” said L’Oréal Luxe president Cyril...

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