Financial News

L’Oréal Signs Agreement To Sell Carol’s Daughter

The brand will now begin a new chapter under the leadership of its founder Lisa Price.

L’Oréal USA has sold Carol’s Daughter, a pioneering brand in textured haircare, to new ownership. The deal is going to “an unnamed entrepreneur,” according to reports. The brand will now begin a new chapter under the leadership of its founder and new president, Lisa Price, alongside an “independent beauty entrepreneur with a proven track record of acquiring and growing beauty brands including Ambi, AcneFree, Baxter of California and Dermablend,” said L’Oréal in a media...

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