YSL Beauté sale to L'Oréal done by June '08

The sale of PPR-owned YSL Beauté to the L'Oréal stable should be complete by the end of June 2008, according to industry sources. Cult Beauty first reported on the sale here in Jan 2008. They'll join the likes of: Kerastase, Matrix, Redken, Garnier, Maybelline, SoftSheen, Kiehl's, Shu Uemura, Ralph Lauren, Vichy, Helena Rubenstein, Giorgio Armani, Cacharel, The Body Shop, Biotherm, Dermablend, La Roche-Posay, SkinCeuticals, Ombrelle et al.

To see who owns who in beauty (albeit the list is a tad outdated so there might be more in each stable by now), click here for our old post in the subject.