
L’Oréal Eyes Armani Stake, Honoring a Designer’s Final Wish
This is Beirut, 15:45 - Reading : 2 minute(s)
Luxury L'Oréal Armani France Italy Culture
French cosmetics group L'Oreal said Tuesday it is interested in taking a stake in Italian company Armani, as its late founder suggested, even as it moves ahead with a multi-billion-dollar purchase of Kering's beauty division. "The acquisition of Kering's beauty activities changes nothing in terms of our intention to be part of Armani," L'Oreal ...