PARIS—French cosmetics giant L’Oréal SA on Thursday confirmed that it is considering selling The Body Shop, which has been its worst-performing business in recent years. “We have decided with the board that it was time to explore all type of options regarding The Body Shop ownership,” L’Oréal CEO Jean-Paul Agon said in an interview. “Despite all our efforts, we have been pretty disappointed by the results for the last two or three...
Source: Wall Street Journal February 09, 2017 17:33 UTC