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08-13-2016 02:19 AM
Loreal bought company for 1.2 billon cash
08-13-2016 02:34 AM
Good morning, Comanche and welcome. This has been discussed in another thread (see below). So hopeful the product quality will stay the same!
http://community.qvc.com/t5/Beauty/It-cosmetics-just-sold-to-L-oreal/td-p/2977434
08-13-2016 02:38 AM
Desiree looks so beautiful in this makeup - she had to be a hugh part of the sales.
08-13-2016 08:57 AM
Too bad L'Oreal does animal testing.....no more IT products for me.
08-13-2016 03:01 PM
1.2Billion??? Billion with a "B"? I guess I am very naive about the price of acquisition.
Regarding animal testing, I'm thinking that there would be no need on products already being sold. Does that make sense ? How does one find out of L'oreal would animal test on any new IT products?
08-13-2016 03:04 PM
@mimilucy wrote:1.2Billion??? Billion with a "B"? I guess I am very naive about the price of acquisition.
Regarding animal testing, I'm thinking that there would be no need on products already being sold. Does that make sense ? How does one find out of L'oreal would animal test on any new IT products?
I believe IG is referring to the fact that the company that now owns IT does still test on animals so by buying IT cosmetics, you are lining the pockets of a company that continues this abhorrent practice. Many of us who are against animal testing for cosmetics do not support companies that are owned by parent companies that test on animals.
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