Jacquemus taps into the perfume market with L'Oréal taking a stake

French cosmetics giant L'Oréal has struck a partnership deal with Jacquemus that includes L'Oréal taking a minority stake in the Paris-based independent fashion label, the group said on Friday, February 7. L'Oréal's stake is 10% for "a little less than 100 million" euros, according to a source close to the matter. L'Oréal is expected to launch the first Jacquemus beauty products within 18 months, the time needed to develop a fragrance. A year ago, the group bought the Miu Miu license and is... - Industry buzz

Feb 9, 2025 - 21:43

French cosmetics giant L'Oréal has struck a partnership deal with Jacquemus that includes L'Oréal taking a minority stake in the Paris-based independent fashion label, the group said on Friday, February 7. L'Oréal's stake is 10% for "a little less than 100 million" euros, according to a source close to the matter.
L'Oréal is expected to launch the first Jacquemus beauty products within 18 months, the time needed to develop a fragrance. A year ago, the group bought the Miu Miu license and is... - Industry buzz