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Revillon raises its profile. (Revillon Luxe) (Eye on Fragrance)
WWD
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June 11, 1993|
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COPYRIGHT 1993 Conde Nast Publications, Inc. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group.
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PARIS -- Just 18 months ago, industry wags were predicting that French financier Philippe Bouriez would sell off his money-losing Revillon Luxe division, which includes Revillon Furs, Karl Lagerfeld, Parfums Caron and Ingrid Millet skin care.
Then when Jean-Claude Cathalan, president of Revillon Luxe, resigned in January 1992, and Dunhill Holdings PLC agreed to buy Lagerfeld several months later, it seemed just a matter of time before the rumor mongers were proved right.
Then Bouriez anteed up. For want of a buyer for the rest of the businesses, the ...
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