PARIS — At L’Oréal’s annual general meeting on Thursday, chairman and chief executive officer Jean-Paul Agon fielded tough questions from shareholders about The Body Shop, which has failed to grow in line with targets since its 2006 acquisition.
“It is true that the integration has not been successful. We were scared that the company culture was so different, and we didn’t want to destroy its value,” Agon acknowledged, adding L’Oréal therefore chose to operate the activity separately from its four core divisions.
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?"