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Stella's license expires in September.
May 22, 2013
By: TOM BRANNA
Editor
Does L'Oréal have designs on another fashion designer? The cosmetics giant and Stella McCartney “have made the mutual decision not to renew their license agreement after the contract ends on Sept. 12, 2013,” L'Oréal announced. “As a result of their mutual decision, L’Oréal will focus on concentrating on its other brands, while Stella McCartney will pursue its fragrance and beauty business.” A McCartney spokesman had no further comment. L’Oréal acquired the Stella McCartney beauty bu...
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