By  on February 19, 2014

TOKYO—Shiseido Co. Ltd. said Thursday it has agreed to sell its Carita and Decléor brands to L’Oréal for a total of 227.5 million euros, or $312.93 million at current exchange rates.

Back in October, Shiseido said it had entered talks with the French beauty giant to sell the two brands as it narrows its brand portfolio.


load comments
blog comments powered by Disqus