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L’Oréal USA To Buy Carol’s Daughter

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By: TOM BRANNA

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L’Oréal USA is expanding its presence in the ethnic beauty category. The company will acquire Carol’s Daughter for an undisclosed amount. Headquartered in New York City, Carol’s Daughter is a premier American multi-cultural beauty brand with a pioneering heritage in the natural beauty movement. Created by Lisa Price in 1993, the brand caters to a diverse, rapidly growing market and has established a loyal consumer following across the country. Following a multi-channel distribution model, ...

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