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No interest in professional brand
May 26, 2015
By: TOM BRANNA
Editor
L'Oréal's not interested in what Procter & Gamble's selling. According to a report, the world's largest hair care company won't bid on P&G's Wella business. Speaking to a reporter of German daily Handelsblatt, Nicolas Hieronimus, the head of L'Oréal's luxury division, said his company would pass on Wella. “As global market leader, we are already very well established among hair salons with our own brands,” he explained. “We...
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