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L’Oréal Acquires Clarins Group Fragrance Division

Clarins Group Fragrance Division includes Mugler and Azzaro.

The agreement, initially signed last year in October, following several months of exclusive negotiations, sees L’Oréal take on Thierry Mugler (Fashion), Clarins Fragrance Group, Clarins Fragrance Group France, Cosmeurop and Clarins Fragrance Group UK—business activities that totted up 360 million in sales in 2018.   At the time of signing the agreement in October, L’Oréal described the fragrance brands within Clarins Group as “successful’, ‘international”, and “iconic”.    “The fragrances in...

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