NEW YORK?— As the ink dries on Procter & Gamble’s $6.9 billion proposal to acquire Wella, the industry is rife with speculation over whether P&G will be able to successfully compete against L’Oréal in the professional salon arena.
But first, one must consider the challenges P&G will face in the near and long term as it poises itself to go head-to-head with the biggest beauty company in the world.
Hermès is launching a Laundromat pop-up shop in NYC - dubbed Hermèsmatic - where customers can bring their old scarves to be dip-dyed by an expert. Get all the details on WWD.com. #wwdnews (📷: @donstahl)