FRANCE/UK L'Oreal may be considering cutting its losses with The Body Shop after ten years of ownership. The company is rumoured to be in talks with bankers at Lazard, according to the Financial Times, about options for an outright sale. The French cosmetics conglomerate bought The Body Shop back in 2006 for £652m. However, over the past few years the cruelty-free brand and retailer has struggled financially.
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