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OR LOreal

439.65
3.15 (0.72%)
30 Apr 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type
LOreal EU:OR Euronext Ordinary Share
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  3.15 0.72% 439.65 435.05 440.80 443.75 438.70 440.45 371,514 16:40:00

L'Oreal to Buy U.S. Skincare Brand

09/12/2021 6:26am

Dow Jones News


LOreal (EU:OR)
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From May 2021 to May 2024

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   By Cristina Roca 
 

L'Oreal SA has signed an agreement to acquire U.S. skincare company Youth to the People, it said late Wednesday.

The French beauty company said the brand is expected to post sales of $50 million in 2021.

"Its skincare expertise based on healthy, vegan, high-efficacy formulas make it a very strategic addition to L'Oréal Luxe," L'Oreal said.

Financial details of the deal weren't disclosed.

 

Write to Cristina Roca at cristina.roca@wsj.com

 

(END) Dow Jones Newswires

December 09, 2021 01:11 ET (06:11 GMT)

Copyright (c) 2021 Dow Jones & Company, Inc.

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