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Business

L’Oréal in talks to buy Mugler and Azzaro

L’Oreal has confirmed that it has entered into an exclusive negotiation with the Clarins Group to acquire the Mugler fragrance and fashion businesses, as well as the Azzaro fragrance brand and accessories. The move, which it said remains “subject to consultation” will be completed later this year, is part of L’Oreal’s plans to reinforce its...

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