Smooth, Silky, Cheap

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L'Oreal cosmetics plans to add cheaper products to its lineup to help deal with the recession, according to Reuters.

The company's CEO Jean-Paul Agon said L'Oreal plans to launch moisturizing creams that will cost between $6.28 and $12.57 later this year.

L'Oreal also owns Body Shop which has several locations in the D.C. area.

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