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New Member
Posts: 1
Registered: ‎08-13-2016

Loreal bought company for 1.2 billon cash

Super Contributor
Posts: 369
Registered: ‎05-14-2016

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

 

Esteemed Contributor
Posts: 7,381
Registered: ‎03-09-2010

Desiree looks so beautiful in this makeup - she had to be a hugh part of the sales.

Honored Contributor
Posts: 19,658
Registered: ‎03-09-2010

Too bad L'Oreal does animal testing.....no more IT products for me.

You never know how strong you are until being strong is the only choice you have.
Super Contributor
Posts: 267
Registered: ‎10-31-2015

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?

Honored Contributor
Posts: 20,570
Registered: ‎06-13-2012

@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.