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Jacquemus is moving into beauty, with backing from one of the industry’s biggest players.
French cosmetics giant L’Oréal has taken a minority stake in the buzzy French brand, underpinning a long-term beauty partnership announced Friday. The financial terms of the deal were not disclosed.
Jacquemus’s charismatic founder and designer Simon Porte Jacquemus has carefully guarded his brand’s independence since its founding in 2009, but flagged last year that he was looking for a minority…
