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WWD 01/24/2008

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A Growing Empire: L’Or?al Agrees to Buy YSL Beaut? for $1.68B

YSL Beaut? has a new owner in view, and it’s none other than L’Or?al. Once the agreement is complete, L’Or?al would obtain a worldwide license for the use of the YSL and Boucheron brands in the fragrance and cosmetics categories.

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