Word: oreal
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...kind of fed up with the rest of the planet, and so it became a case of 'this is for me'--you know, like the L'Oreal commercial," she explained...
...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...
...Dior firm has plenty of suitors. Last week Robert Hocq, president of Jeweller Cartier, offered to pay $65 million for it. Among other potential buyers are French cosmetics manufacturer L'Oreal and champagne producer Moët-Hennessy, which bought Christian Dior Perfumes when Boussac needed cash in the early 1970s. The main concern of Dior's management and the French government is that the prestigious label remain in French hands. "You can't separate the Christian Dior image from France's," says Rouet. "When an American woman pays for the Dior label, she wants...