2008
Inspiration: L’Oreal to Buy Out YSL Beaute for $1.68 Billion
Posted by: Fashion06 in Fashion News, Inspiration |
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L’Oreal a leader in cosmetics and beauty proposed to acquire YSL Beaute Holding for $1.68 billion. If they are acquired the transaction will include the Robert & Gallet subsidiary. YSL is partly owned by the PPR subsidiary Gucci Group.
Though not directly related to the fashion industry, but couldn’t have been done without the original fashion house and acquiring licensing and distribution for their beauty and fragrance division and something every designer will hopefully one day aspire to have a full empire grown from the idea of a clothing company.
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January 30th, 2008 at 1:07 pm
I wish to have a brand that can sell licences in this level too anytime
It’s so easy, create your brand, get an “exclusive” image, then sit back relax and make money with licences!!