The French cosmetics giant has entered into negotiations with Clarins with a view to acquire the two perfume brands, as well as Mugler’s fashion business, an operation which would reinforce L’Oréal’s luxury division.
The Spanish prêt-à-couture firm, controlled by Perfumes y Diseño group since 2011, is looking for an investor to sell either a majority or minority stake in the business. The "right" partner will be a fashion expert.
U.S. luxury brand Kate Spade has signed a licensing agreement with French perfume group Interparfums. Together, the businesses will create perfumes for the global market, commencing autumn/winter 2020/2021.
The luxury brand’s Autumn/Winter 2019 collection has been designed by the brand’s in-house team, while the first pieces designed by Lutz Huelle for Delpozo will be unveiled in the summer as part of the Resort collection.