Brazilian anti-trust authority approves Emporio Body Store acquisition

Published: 13-Dec-2013
Finance

The Body Shop finalises purchase of 51% of Emporio Body Store in Brazil

The Body Shop (L'Oréal) has finalised the acquisition of a 51% stake in Brazilian brand Empório Body Store, following the approval of Brazil's anti-trust authority CADE. As part of the deal, The Body Shop has the option of increasing its shareholding to 80% by 2019.

   
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L'Oréal, LVMH and Luxottica named preferred buyers of Giorgio Armani empire

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L'Oréal and other giants eye obscure ‘first sale’ rule to offset US tariff pressures

The ten-year-old clause allows businesses to apply tariffs at the point of exiting manufacturing, softening the cost of retail, but comes with the potential for more legal hurdles
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President Donald Trump unveils new US global tariffs hours before August deadline

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L'Oréal rejects claims of staff layoffs and closure of Hong Kong office

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La Roche-Posay’s game plan to rule dermo-cosmetics and make €3 billion this year

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