L'Oreal may be set to sell The Body Shop, The Daily mail reports L'Oreal (LRLCY) may be ready to sell The Body Shop, reports The Daily Mail, according to Lush founder Mark Constantine. Constantine said a source told him the business no longer fits L'Oreal's profit profile and strategy. Reference Link
News For LRLCY From The Last 14 Days
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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.