Articles by AFP
L'Oréal eyes Medik8 for one billion euros
French beauty giant L’Oréal is reportedly poised to acquire cosmetics brand Medik8 for one billion euros, the Financial Times reported on Wednesday. Specialising in ‘anti-ageing’ skincare, Medik8 would sit within L’Oréal’s dermatological beauty section alongside brands like La Roche-Posay and Vichy, which saw its revenue increase by 3.5 percent...
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In times of crisis, luxury brands turn to the new guard of designers
Matthieu Blazy at Chanel, Jonathan Anderson at Dior and Demna at Gucci: luxury’s leading brands turned to the creativity of relatively low-key designers in their forties to address the economic challenges facing the sector. Following months of speculation and his arrival at Dior Homme, forty-year-old Jonathan Anderson was appointed creative...
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