Photograph: iStock

French luxury goods and cosmetics company L’Oreal has started exclusive talks with Clarins Group about buying the Mugler and Azzaro brands, L’Oreal s(...)

Danone, the maker of Activia yoghurt and Evian water, says  the sale of loss-making arm EarthBound Farm would help margins later this year. Photograph: Stefan Wermuth/Bloomberg

French food group Danone shrugged off a slow start to the year saying it expected sales growth to accelerate after setbacks in China and Morocco. Th(...)