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WWD 01/24/2008

WWD 01/24/2008

A Growing Empire: L'Oréal Agrees to Buy YSL Beauté for $1.68B

YSL Beauté has a new owner in view, and it's none other than L'Oréal. Once the agreement is complete, L'Oréal would obtain a worldwide license for the use of the YSL and Boucheron brands in the fragrance and cosmetics categories.

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