Follow us: Luxe Packaging Insight – news & innovations on the luxury packaging market

L’Oréal in talks to acquire Mugler & Azzaro

Alissa Demorest

Related topics :

,
L’Oréal in talks to acquire Mugler & Azzaro

Thierry Mugler and Azzaro are soon to join L'Oréal’s portfolio. The Clarins group, owner of the two fragrance brands, is in exclusive negotiations with the French beauty giant for the deal that is expected to close in the second half of 2019.

"The perfume category is at the heart of our global strategy for growth at L'Oréal Luxe," remarked Cyril Chapuy, the division’s general manager. "In this context, we would be thrilled to welcome Mugler and Azzaro: these signatures with a long history in fashion and olfaction, would perfectly complement our portfolio of brands."    

Editor's picks

PSB Industries divests Plastibell, recenters on beauty and luxury with Texen

PSB Industries divests Plastibell, recenters on beauty and luxury with Texen

Following confirmation of the sale of its Plastibell healthcare and industry division this month, packaging and specialty chemicals group PSB Industries is focusing its business solely on beauty and luxury via its dedicated business unit Texen.[…]

01/13/2021 | People
Converting and finishing takes shape with BK’Art Group

Converting and finishing takes shape with BK’Art Group

Piramal Glass up for sale

Piramal Glass up for sale

Rémy Cointreau to return to champagne with J. de Telmont acquisition

Rémy Cointreau to return to champagne with J. de Telmont acquisition

More articles