HBW Insight is part of Informa PLC

This site is operated by a business or businesses owned by Informa PLC and all copyright resides with them. Informa PLC’s registered office is 5 Howick Place, London SW1P 1WG. Registered in England and Wales. Number 8860726.

This copy is for your personal, non-commercial use. For high-quality copies or electronic reprints for distribution to colleagues or customers, please call +44 (0) 20 3377 3183

Printed By

UsernamePublicRestriction
UsernamePublicRestriction

L'Oreal

This article was originally published in The Rose Sheet

Executive Summary

Divestiture of Parisian fashion house Lanvin to private investor group will include fragrance business following transitional period, which could last up to a year, L'Oreal announces July 12. Investors, including Bio-Merieux-Pierre Fabre group and Marcel Dassault industrial group, formed holding company Harmonie to purchase Lanvin. L'Oreal, which has owned Lanvin since 1996, has decided to sell the brand to focus on core businesses, firm says. Lanvin fragrances generated sales of $22.4 mil. ([Euro]1=$.86) in 2000, but represented only .2% of L'Oreal total sales. In March, fashion house launched Oxygene, its first women's fragrance in 73 years (1"The Rose Sheet" Nov. 20, 2000, p. 4). L'Oreal reported first half sales of $6 bil., up 7.8% from prior year on like-for-like basis

You may also be interested in...



L'Oreal USA Fragrances, Hair Color Contribute To 30% Sales Gain

L'Oreal's U.S. division achieved 30% sales growth in the first half of 2001 due to acquisitions as well as to growth in the hair color and fragrance categories, the company announced Sept. 4.

L'Oreal USA Fragrances, Hair Color Contribute To 30% Sales Gain

L'Oreal's U.S. division achieved 30% sales growth in the first half of 2001 due to acquisitions as well as to growth in the hair color and fragrance categories, the company announced Sept. 4.

Lanvin Breathes Oxygene Into First Women's Fragrance In 73 Years

Lanvin's new Oxygene scent is the Parisian fashion house's first women's offering since Jeanne Lanvin created Arpege in 1927.

UsernamePublicRestriction

Register

LL1126341

Ask The Analyst

Please Note: You can also Click below Link for Ask the Analyst
Ask The Analyst

Your question has been successfully sent to the email address below and we will get back as soon as possible. my@email.address.

All fields are required.

Please make sure all fields are completed.

Please make sure you have filled out all fields

Please make sure you have filled out all fields

Please enter a valid e-mail address

Please enter a valid Phone Number

Ask your question to our analysts

Cancel