Monday, May 30, 2011
Makeup Mag News: L'Oréal USA Pulls Shu Uemura from U.S. Stores
"Shu Uemura is a unique and vibrant brand, but it represents a very small part of our luxury business," said Carol Hamilton, president of L'Oréal USA's luxury division, in a statement. "We decided that L'Oréal USA would be better served by focusing on our other strategic luxury brands like Lancôme, Yves Saint Laurent, Giorgio Armani, Ralph Lauren, Kiehl's and fragrances."
Because L'Oréal USA declined to disclose sales numbers for specific brands, it's not clear how Shu Uemura sales compared to those of other L'Oréal-owned luxury brands." Read the full story here...