L’Oreal to Be ‘Cautious’ on U.K. Price Hikes After Pound’s Slump

Agon: Any L’Oreal Price Change Will be Done 'Wisely'

L’Oreal SA, the world’s largest cosmetics maker, will be cautious in raising prices in the U.K. to make up for the slump in the pound, Chief Executive Officer Jean-Paul Agon said in the wake of a pricing dispute between Unilever and Tesco Plc.

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