Copyright-PUMA

Herzogenaurach / Germany and Clichy / France, September 26, 2014

PUMA AND L’ORÉAL SIGN A LICENSE AGREEMENT FOR BEAUTY PRODUCTS


Sports company PUMA SE and leading beauty company L’Oréal have signed a license agreement for beauty products, becoming effective 1 January 2015. PUMA’s license contract with former personal care product licensee Procter & Gamble will terminate on 31 December 2014.

 

About L’Oréal

L’Oréal has devoted itself to beauty for over 105 years. With its unique portfolio of 28 international, diverse and complementary brands, the Group generated sales amounting to 23 billion euros in 2013 and employs 77,500 people worldwide. As the world’s leading beauty company, L’Oréal is present across all distribution networks: mass market, department stores, pharmacies and drugstores, hair styling salons, travel retail and branded retail.

Research and innovation, and a dedicated research team of 4,000 people, are at the core of L’Oréal’s strategy, working to meet beauty aspirations all over the world and attract one billion new consumers in the years to come. L’Oréal’s new sustainability commitment for 2020 “Sharing beauty with all” sets out ambitious sustainable development objectives across the Group’s value chain.

www.loreal.com

 

CONTACTS AT PUMA

Corporate Communications

Mr Ulf SANTJER
+49 9132 81 2489
ulf.santjer@puma.com

Global Licensing

Mr Anthony WARD
+49 9132 81 3168
anthony.ward@puma.com

CONTACTS AT L'ORÉAL

Individual shareholders and market authorities

Mr Jean Régis CAROF
Tel: +33 1 47 56 83 02
jean-regis.carof@loreal.com

Financial analysts and Institutional investors

Mrs Françoise LAUVIN
Tel: +33 1 47 56 86 82
francoise.lauvin@loreal.com

Journalists

Stephanie CARSON-PARKER
Tel: +33 1 47 56 76 71
stephanie.carsonparker@loreal.com

 

Photo Credits: Robert Ashcroft/ PUMA

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