L’OREAL, SCHIFFER IN NEGOTIATIONS

PALM BEACH, Fla. — A L’Oreal executive confirmed Monday that his company is in talks with supermodel Claudia Schiffer, but he said a deal has not been done.
As reported, Schiffer’s multiple-year modeling contract with Revlon, which ended recently, has not been renewed. She was reported to be headed to Revlon’s mass market cosmetics rival L’Oreal.
However, L’Oreal Retail’s president and general manager, Joseph Campinell, here for the National Association of Chain Drug Stores convention, said the two parties are still in discussion and “nothing has been finalized.”

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