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Adds iconic fragrances from Clarins Group.
October 22, 2019
By: TOM BRANNA
Editor
Clarins is out of the fragrance business. L’Oréal and Clarins Group signed an agreement for the sale of the Mugler brands and Azzaro fragrances through the acquisition of the fragrance division of Clarins by L’Oréal. At the closing of the deal, this division will include the following companies: Mugler, Thierry Mugler (Fashion), Clarins Fragrance Group (CFG), CFG France, Cosmeurop and CFG UK. These activities represented approximately 340 million euros in sales last year (about $378 million at c...
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