L'Oreal buys stake in beauty brand
The world's largest cosmetics company, L'Oreal, has acquired a 50 per cent controlling stake in the beauty business Le Club des Createurs de Beaute, currently owned by 3 Suisses International.
News & Analysis on Cosmetics Innovation
The world's largest cosmetics company, L'Oreal, has acquired a 50 per cent controlling stake in the beauty business Le Club des Createurs de Beaute, currently owned by 3 Suisses International.
Revenues from marine biotechnology are projected to reach $3.78 bn by 2012 driven by interest from cosmeceutical, nutraceutical, medical and pharmaceutical industries.
Rising production costs means that Sun Chemicals joins a growing list of ingredients suppliers that have increased prices in the last few months.