Today, the Swiss food group has a 28.9 percent stake in the French beauty giant, which is also 30 percent owned by Liliane Bettencourt, the 86-year-old daughter of L’Oréal’s founder, Eugene Schueller. Under terms of the current shareholder agreement, Nestlé is free to sell its holding in L’Oréal starting April 29, 2009, but cannot take a majority share in the firm unless Bettencourt passes away earlier, and, in that case, only six months after. Post-April 29, 2009, Nestlé does not have the right to acquire L’Oréal unless she gives her approval, and that six-month grace period remains in the event of her death.
Steve Aoki held a presentation, a runway show and outdoor concert for his men's line Dim Mak. Here's a look from his spring 2018 collection, which was titled "Paradise Found." #wwdfashion #wwdmens (📷: George Chinsee)
"It's really hard sometimes. I think I have a reputation for being really tough and aggressive and pushy but I really am a very shy person who wants to be liked, and that's the conflict constantly. There's something that takes hold - I want people to like me, I don't want to be mean - but if I see something that just cries out to be answered, I go for it," says renowned NBC News correspondent Andrea Mitchell. (📷: @axeldupeux)