PARIS — L’Oréal said Wednesday it has finalized the acquisition of Decléor and Carita from Shiseido Co. Ltd. and completed the transfer of ownership.
As reported in February, Shiseido had agreed to sell the two brands to the French beauty giant for 227.5 million euros, or $315.4 million at current exchange. In October, Shiseido had entered talks with L’Oréal as the Japanese firm narrowed its brand portfolio.
Issa Rae stopped by WWD's NYC headquarters to talk about season two of "Insecure," which premieres this Sunday on HBO. Click link in bio for all the details. #wwdeye (📷: @jgreenery; Styled by @mayteallende)
A Stella McCartney sketch of a custom dress made from protein-based silk in partnership with biotech lab Bolt Threads. The dress will be displayed at The Museum of Modern Art's upcoming design exhibition, "Items: Is Fashion Modern?"