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In Brief: Sanofi, Inc.

This article was originally published in The Rose Sheet

Executive Summary

Sanofi, Inc.: "Categorically denies" rumors that it plans to divest its beauty holdings. Sanofi Beaute offerings include Nina Ricci, Oscar de la Renta and Yves Saint Laurent. Sanofi sold its Geoffrey Beene scents to French Fragrances in 1995, and Perry Ellis and Stendahl businesses to Parlux and Jacques Bogart SA, respectively, in 1994. Sanofi also assigned distribution rights for its Van Cleef & Arpels fragrance collection to Adipar in 1995...
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