L'Oreal to stop selling Garnier products in China, FT reports L'Oreal (LRLCY) will stop sales of its Garnier beauty products in China due to growing competition from domestic and South Korean brands, the Financial Times reports. Revlon (REV) recently said it would completely withdraw from the country. Reference Link
News For LRLCY;REV From The Last 14 Days
Check below for free stories on LRLCY;REV the last two weeks.
L'Oreal downgraded to Outperform from Strong Buy at Raymond James Raymond James downgraded L'Oreal to Outperform and removed the stock from its European Conviction List citing the CEO's cautious message on cosmetics market momentum in the second half of 2014.