Welcome Guest to Happi

Subscribe Free: Magazine | eNewsletter

current issue July 2014
 •  First Half Sales Fall 1.5% at L'Oréal  •  PartyLite Maintaining Business at Blyth  •  Redken Rolls Out a Cold Brew  •  Changes Ahead for P&G?  •  Bare Minerals Opens Shade Shop
Print

L’Oréal Involved in $227 Million Lawsuit



Published November 11, 2005
Related Searches: form men executives cosmetics
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