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L’Oréal Forms Group Travel Retail Unit

'Sixth continent' channel has big potential.

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By: TOM BRANNA

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Two days after revealing plans to shutter its mail order unit, L’Oréal has announced new plans to create a Group Travel Retail Division. The new division will include L’Oréal Luxe brands, as well as brands from  Active Cosmetics, Professional Products, Consumer Products and The Body Shop.   The goal is to win over a billion new consumers with a universalization strategy, according to the company.   Travel retail, which represents all products sold in the travel distribution channel—airports, air...

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