News briefs
October 8, 2014
Chanel's cult classic N 19 polish from 1987
By Staff reports
Today in luxury marketing:
Coty to buy Chanel's Bourjois cosmetics brand in shares
U.S. cosmetics group Coty said on Oct. 7 it had made a binding offer to buy French make-up brand Bourjois from Chanel and give the family-owned French luxury company a stake in Coty worth an estimated $240 million, per Reuters.
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