L’Oreal’s Garnier Brand Joins Revlon in Departing China
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L’Oreal SA, the world’s largest cosmetics company, said it will stop selling Garnier-brand products in China, about a week after competitor Revlon Inc. outlined plans to exit the country.
L’Oreal, which introduced skincare and hair dye maker Garnier to China in 2006, will focus on marketing the L’Oreal Paris and Maybelline brands there, Stephanie Carson Parker, a spokeswoman at the French company, said today by phone.