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Regular Contributor
Posts: 199
Registered: ‎10-26-2011

 Just saw on tv that Jamie kern Lima sold It Cosmetics to L'OrĂ©al for $1 Million Dollars.

Trusted Contributor
Posts: 1,814
Registered: ‎03-16-2010

Wow! I wonder how the brand will change?

Respected Contributor
Posts: 4,940
Registered: ‎06-07-2010

No, it was sold for 1.2 billion cash according to bloomberg

Esteemed Contributor
Posts: 5,282
Registered: ‎09-15-2016

A Million, how funny. IT was sold for 1.2 Billion.

Respected Contributor
Posts: 4,665
Registered: ‎03-10-2010

I thought it had already been sold to them.  At any rate, if they just sold it, they must be the last proprietors to sell their cosmetic line to a larger corporation.  One by one all the others have gone that route.  The first thing the large company will do is try to find ways to cut costs, which means quality will likely drop.

Laura loves cats!
Esteemed Contributor
Posts: 5,094
Registered: ‎03-09-2010

There goes the "Cruelty Free"    Smiley Sad

Esteemed Contributor
Posts: 7,426
Registered: ‎03-10-2010

This happened eons ago.....

New Contributor
Posts: 2
Registered: ‎02-10-2011

Just heard Jamie say on 7/28/17 that IT costmetics are cruelty free. L'Oreal is not. Just like tarte which is cruelty free and owned by another large conglomerate. Praying for this terrible practice to stop once and for all. I support certain causes. Blessings to you.