Thursday, January 24, 2008

Breaking News: L'Oreal Agrees to Buy YSL Beauty for $1.68B

According to WWD, L'Oreal has agreed to buy Yves Saint Laurent [YSL] Beauty for $1.68 billion. This is seen a good move for YSL because L'Oréal has the expertise and know how needed to fast track the brand to a new level.

No comments: