Tag Archives: L’Oreal

Body Shop sale moves closer as L’Oreal talks to Natura

French cosmetics group L’Oreal has begun “exclusive” talks with Brazilian make-up company Natura Cosmeticos over the sale of its Body Shop business. L’Oreal said that Natura had made a “firm” offer valuing the company at 1bn euros (£880m). Earlier this year, L’Oreal said it was reviewing its strategy for the chain, which it bought for £652m in 2006.… Read More »