Word: cosmair
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...Oreal's greatest moral scandal." A corporate feud has focused attention on the pro-Nazi leanings of the beauty giant's founders. As a result, the U.S. Justice Department is weighing banishment from American soil for Jacques Correze, the honorary head of L'Oreal's U.S. affiliate, Cosmair. The turmoil began after Jean Frydman, a Jewish film mogul, decided to sell his share in Paravision, a L'Oreal-backed movie firm. Unhappy with L'Oreal's offer, he sued, making some provocative charges. He says the company forged his resignation from Paravision in order to placate Arab boycotters, a plot...
Nowadays the company's licensees bring to Polo/Ralph Lauren an expertise in making a particular generic item, to which Lauren adds his design, packaging and promotional ideas. His 38 manufacturers produce virtually everything but Lauren's top-of-the-line Polo menswear. The largest licensee is Cosmair, for fragrances, followed by Bidermann Industries, for womenswear. Lauren retains a final say, which he zealously exercises, over the end products. Recalls Clothing Executive George Ackerman, whose company, Warnaco, makes some of Lauren's moderately priced Chaps menswear: "A few years ago we did a safari jacket with copper snaps. Ralph loved...
...much for that theory. Certain top-of-the-market cosmetics lines have continued to do well in the current slump, including Estee Lauder, Elizabeth Arden and the Cosmair lines of Lancome, Guy Laroche and L'Oreal. The affluent customers for those products have remained affluent through the recession, and even less well-off women have splurged occasionally to give themselves a psychic lift...
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