L’Oreal’s $4.7 billion deal to buy cosmetic and fragrance brands from Kering gives the French conglomerate rare 50-year licences, including for Gucci, that are likely to confirm its dominance in a growing part of the beauty sector.
The History of Derby Fashion
Each year, the race draws locals, out-of-towners, celebrities and royalty alike. While most think the competition is on the track, those in the know would











