Chanel Owners, L'Oreal Heir Said to Invest in Olsens' The Row [Yahoo! Finance]
L'OREAL UNSP/ADR (LRLCY)
NASDAQ:AMEX Investor Relations:
loreal-finance.com/eng
Company Research
Source: Yahoo! Finance
Most Read from Bloomberg How Americans Voted Their Way Into a Housing Crisis For Tenants, AI-Powered Screening Can Be a New Barrier to Housing After a Record Hot Summer, Pressure Grows for A/C Mandates Chicago Halts Hiring as Deficit Tops $1 Billion Through 2025 UC Berkeley Gives Transfer Students a Purpose-Built Home on Campus The Wertheimer brothers, via their family office Mousse Partners, and Francoise Bettencourt Meyers' family vehicle, Tethys Invest, have bought a minority stake in the fashion brand, according to people familiar with the situation, who asked not to be named discussing matters that aren't public. Other investors are also likely to join the deal, which values The Row at about $1 billion, the people said. Mousse, Tethys and The Row declined to comment. The Row was started in 2006 by sisters Mary-Kate and Ashley Olsen, who shot to fame as child actresses in the late 1980s in the sitcom Full House. Their label has established itself as a respected qu
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News
- Billionaire L'Oreal heiress, Chanel owners buy stake in Olsens' fashion brand [Fortune]Fortune
- THIS HOLIDAY SEASON, UNBOX HOLIDAY JOY WITH KIEHL'S [Yahoo! Finance]Yahoo! Finance
- Chanel Owners, L'Oreal Heir Said to Invest in Olsens' The Row [BNN Bloomberg (Canada)]BNN Bloomberg
- L'Oréal S.A. (OTCMKTS: LRLCY) was downgraded by analysts at BNP Paribas from a "neutral" rating to an "underperform" rating.MarketBeat
- ACHIEVE MEGA FAST, MEGA MOISTURIZING RELIEF WITH KIEHL'S ULTRA BODY MEGA MOISTURE SQUALANE CREAM [Yahoo! Finance]Yahoo! Finance