In the News: L’Oreal buys Carol’s Daughter

picture_original_9ea3deL’Oreal has just announced its decision to acquire multi-cultural beauty brand, Carol’s Daughter. Back in May, we announced that Carol’s Daughter’s founder, Lisa Price, had filed for bankruptcy, a move intended to help the company restructure financially. In a press release, Price made it clear that the decision was not a sign of a company crumbling, but a company going in a new direction.

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