Stella McCartney moves from L’Oreal to P&G

[:en]Stella McCartney and licensee L’Oréal have split. The new licensee is Procter & Gamble.

Also new at P&G is the Alexander McQueen fragrance license. Both brands have a common shareholder, Kehring. And Kehring also owns other brands licensed by P&G, like Gucci and Puma.[:]