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L’Oréal sells Roger & Gallet brand

Roger & Gallet

Following a strategic review regarding the best development options for the Roger & Gallet brand, L’Oréal announces that it has entered in exclusive negotiation with the French investment holding Impala for the sale of Roger & Gallet brand.

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Founded in 1862 in Paris, Roger & Gallet has its origins in pharmacy fragrances, inspired by French « art de vivre ». Part of L’Oréal since the acquisition of Yves Saint Laurent Beauté in 2008, Roger & Gallet offers a rich catalogue of fragrance-based products including perfumes, toiletries and skincare. In 2018, the brand generated 52 million euros of sales.

SEE ALSO : L’Oréal launches “Karl Lagerfeld x L’;Oréal Paris”

This project will be submitted for consultation to employee representatives of L’Oréal and could be completed this summer.

(Source: LO)

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