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Designer is in talks with private equity group.
February 10, 2010
By: TOM BRANNA
Editor
With his beauty license firmly under his own control, fashion designer Oscar de la Renta is said to be in talks with a private equity investor to develop his own beauty brand as part of a new company called Oscar de la Renta Beauty. Late last year, de la Renta got back his beauty license from L’Oréal as a result of arbitration stemming from an 18-month legal dispute that involved the license holder, YSL Beauté, which was acquired by L’Oréal in 2008, and the distributor Elizabeth Arden Inc. ...
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