L’Oréal closes Clarins Fragrance Group acquisition, suspends 2020 guidance due to Covid-19

Published: 2-Apr-2020
Fragrance Finance

The takeover includes the Mugler brands Alien, Angel and Aura, and Azzaro Parfums

You need to be a subscriber to read this article.
Click here to find out more.
L’Oréal closes Clarins Fragrance Group acquisition, suspends 2020 guidance due to Covid-19
L’Oréal closes Clarins Fragrance Group acquisition, suspends 2020 guidance due to Covid-19

L’Oréal has finalised its acquisition of the Clarins Fragrance Group (CFG), including the Mugler brands and Azzaro fragrances.

The deal was first announced in October last

Not yet a Subscriber?

This is a small extract of the full article which is available ONLY to premium content subscribers. Click below to get premium content on Cosmetics Business.

Subscribe now Already a subscriber? Sign in here.
See more

You may also like

Research & Development
L'Oréal leads funding round for Chinese biotech company PAM2L

L'Oréal leads funding round for Chinese biotech company PAM2L

Read more
L'Oréal’s strategic corporate venture capital fund BOLD said it will leverage its beauty and formulation expertise to explore the broader scientific value of innovative bio-actives via a minority investment in PAM2L Biotechnologies

Trending Articles

  1. Shiseido returns to profit in Q3 26, but Drunk Elephant records ‘severe underperformance’ Despite returning to profit, Drunk Elephant global sales decreased 23% during the quarter after recording ‘some severe underperformance’ in US e-commerce sales
  2. You need to be a subscriber to read this article.
    Click here to find out more.
    Coty to restructure France operations amid turnaround efforts The Kylie Cosmetics and Rimmel London owner has ‘proposed to adapt its operating model’ in France as part of its plans to halt declining sales under its ‘Coty:Curated’ strategy
  3. Estée Lauder Companies Global President Justin Boxford exits the business Justin Boxford has worked at Estée Lauder Companies for more than 22 years and was named Global President of the company’s luxury beauty brands in September 2026
  4. You need to be a subscriber to read this article.
    Click here to find out more.
    Phlur opens festive pop-up with Space NK to ‘build’ hype around Heavy Cream franchise Phlur has teamed up with the UK beauty retailer on a festive activation to promote the masstige fragrance brand’s new Heavy Cream Eau de Parfum and Heavy Cream Body Butter, alongside Space NK exclusive Cashmere Frost Hair & Body Mist

Upcoming event

Hair Care Trends for 2027

3 December and 10 December 2026 | Virtual See all

You may also like

Research & Development
L'Oréal leads funding round for Chinese biotech company PAM2L

L'Oréal leads funding round for Chinese biotech company PAM2L

L'Oréal’s strategic corporate venture capital fund BOLD said it will leverage its beauty and formulation expertise to explore the broader scientific value of innovative bio-actives via a minority investment in PAM2L Biotechnologies
You need to be a subscriber to read this article.
Click here to find out more.
Finance
How luxury beauty is taking off in travel retail

How luxury beauty is taking off in travel retail

Beauty’s premium players such as L’Oréal and Estée Lauder Companies have been increasingly benefiting from travel retail, as the humble airport creates a shift in consumer shopping habits that is allowing luxury beauty to thrive
Fragrance
L’Oréal hails ‘exceptional’ third quarter 2026 led by dermatological and professional beauty

L’Oréal hails ‘exceptional’ third quarter 2026 led by dermatological and professional beauty

The CeraVe and Kérastase owner’s business grew across all divisions in the third quarter of 2026, with a ‘remarkable’ performances from professional products and dermatological beauty
Finance
L’Oréal Paris USA announces the 2026 class of Women of Worth honourees

L’Oréal Paris USA announces the 2026 class of Women of Worth honourees

The philanthropic initiative, now in its third decade, sees L’Oréal Paris USA recognise ten female nonprofit leaders and fuel their ventures with grants, mentorships and national visibility
You need to be a subscriber to read this article.
Click here to find out more.
Finance
British Beauty Council’s new Impact of Beauty report outlines social and cultural value of UK beauty

British Beauty Council’s new Impact of Beauty report outlines social and cultural value of UK beauty

The British Beauty Council’s Impact of Beauty report, produced with Oxford Economics and supported by L’Oréal, reveals how beauty is not a trivial luxury but the ‘beating heart’ of the UK high streets. Council CEO Millie Kendall explains why beauty and wellbeing are so intrinsically linked for Brits in this opinion piece
You need to be a subscriber to read this article.
Click here to find out more.
Fragrance
Creed opens first UK boutique outside of London in a thriving Northern beauty hub

Creed opens first UK boutique outside of London in a thriving Northern beauty hub

The L’Oréal-owned fragrance house has opened a 525sqft standalone store in the ‘dynamic cultural’ centre of Manchester, bringing Creed’s luxury craftsmanship to one of the UK’s biggest Northern beauty hotspots in a bid to expand its reach
Ingredients
L'Oréal allegedly explores unloading talc-related liabilities

L'Oréal allegedly explores unloading talc-related liabilities

The beauty giant strongly contests the claims made in approximately 760 pending proceedings related to the alleged presence of asbestos particles in certain talc-containing cosmetic products. According to a new report, L’Oréal has allegedly tapped advisors Weil Gotshal & Manges and investment bank Ducera Partners
Subscribe now