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February 7, 2008
By: TOM BRANNA
Editor
L'Oréal will acquire the shares of YSL Beauté Holdings, including the Roger & Gallet brand, for $1.69 billion. Under terms of the deal, L’Oréal obtains an exclusive and very long-term worldwide license for the use of the Yves Saint Laurent and Boucheron brands in the category of perfumes and cosmetics, under conditions conforming to usual market practice. More specifically, L’Oréal will take over the licenses for the Stella McCartney, Oscar de la Renta and Ermenegildo Zegna brands, in...
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