Arab boycotts

Children

1935-1941, 1989 and 1990s In his youth, Bettencourt was a member of La Cagoule (The Hood), a violent French fascist-leaning and anti-communist group. Eugène Schueller, founder of L'Oréal, provided financial support and held meetings for La Cagoule at the company's headquarters. In the 1990s, Jean Frydman, a shareholder and board member of L'Oréal's film and television subsidiary Paravision, alleged that he had been sacked in 1989 as the senior management at L'Oréal sought to avoid an Arab boycott of firms with Jewish links. Frydman held joint French and Israeli citizenship. Frydman also turned up the fact that Bettencourt had written many articles for a Nazi propaganda organ during World War II.