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He also likes strong brands such as Procter & Gamble and Coca-Cola. These companies operate in industries with significant barriers to entry, which Shuleva believes will help them pass on their ...

And executives at rival beauty giant L'Oréal (OR.PA) see an opportunity to grab market share back from e.l.f. "What is true is that, in the world of indie brands, very clearly, ... many of them ...