Welcome Guest to Happi

Subscribe Free: Magazine | eNewsletter

current issue August 2015
 •  Stepan Named EPA Safer Choice Partner of the Year  •  City of Hope Honors Pravana Founder & CEO Steve Goddard  •  Castanea Acquires Minority Stake in First Aid Beauty  •  Ecolab Acquires Swisher Hygiene  •  BASF Opens Tarrytown Consumer Testing Center
Print

L’Oréal Involved in $227 Million Lawsuit



Published November 11, 2005
Related Searches: men executives cosmetics form
Post a comment
RUSSIA: A $227 million lawsuit was filed against L’Oréal by Swiss company Temtrade, L’Oréal’s distributor in the Soviet Union and Russia from 1975-1999. Temtrade claimed L’Oréal knowingly violated its exclusive distribution agreement at a cost of nearly $250 million in profits. Sabina Tchelnokova, a spokesperson for Temtrade, said two former L’Oréal executives used “dubious Russian structures” to supply the “gray market” with cosmetics for personal gain.


blog comments powered by Disqus