L'Oréal, which already has a 50% stake in the company which distributes the cosmetic products of Le Club des Createurs de Beauté, is to acquire the remaining 50% from 3 Suisses International for an undisclosed sum.
Le Club was created jointly by L'Oréal and 3 Suisses International in 1987 and specialises in mail order sales through catalogues and the internet. Sales last year reached €111m. The main brands, whose presence is especially marked in France and Japan are Agnes b, Franck Provost and Cosmence.