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Vol. I · No. 39 Texas Edition
Saturday, Nov 7
Xultr
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L’Oréal CEO Nicolas Hieronimus’ $4.5B Deal Turns Fashion’s Cachet into Beauty Revenue

Observer By Shaili Singh and Mónica Marie Zorrilla 6 min read 0 views 0 comments
L’Oréal CEO Nicolas Hieronimus’ $4.5B Deal Turns Fashion’s Cachet into Beauty Revenue
Image: Observer

Hieronimus oversees a beauty business with roughly $40 billion in nine-month sales. His Kering agreement adds decades of licensing rights—and substantial upfront costs—to an operation already selling billions of products a year.

Observer Original story · observer.com
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