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Super Contributor
Posts: 439
Registered: ‎07-21-2016

Re: It cosmetics just sold to L'oreal

I believe Loreal owns Lancome and Carol's Daughter, both of which are offered on HSN. I wonder if It will eventually move over there.
Valued Contributor
Posts: 916
Registered: ‎01-24-2015

Re: It cosmetics just sold to L'oreal

Congrats to Jamie, she strikes me as a very hard worker who built her brand from scratch. As a business person, her story is inspiring and I have nothing but respect for her. On a personal level I'm saddened because the cc, bye bye undereye, bye bye pores, and her face disc are staples in my makeup bag, and I'm sure quality will go downhill if history is any indication. I just hope the formulations don't change before my AD orders are fulfilled. I might stock up on the current formulations just in case, assuming a 2yr shelf life unopened.
Valued Contributor
Posts: 916
Registered: ‎01-24-2015

Re: It cosmetics just sold to L'oreal

There's a 10pm show on the 2nd Q channel, will watch, I'm sure the buyout will be mentioned.
Super Contributor
Posts: 369
Registered: ‎03-17-2010

Re: It cosmetics just sold to L'oreal

Didn't Laura Geller recently sell her company too? 

 

 

Honored Contributor
Posts: 15,178
Registered: ‎05-11-2012

Re: It cosmetics just sold to L'oreal

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

Re: It cosmetics just sold to L'oreal


@elruth wrote:

In her email she specifically said IT will continue to be cruelty FREE and NOT test on animals. She will remain as the CEO.


If they are owned by L'oreal they are still lining the pockets of one of the biggest offenders of animal testing so she isn't really fooling anyone that cares about animal cruelty.

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

Re: It cosmetics just sold to L'oreal


@grandma petes wrote:

I'm very happy for Jaime....she worked so very hard building this company and make it a global sensation.

 

That being said, I'm sad it was sold to a company that is not cruelty free and I don't know how they can assure us that the It products will remain cruelty free. I hope they do and that the quality remains. When and if those two things ever change, I will be looking for yet another beauty line. 


well, the profits will go to L'oreal so you still line the pockets of a company that tests on animals so in a round about way, you are supporting a company that is not cruelty free. Some care about that, others do not. A company will not change its' practices as long as it still bringing in the big money, which L'oreal does and is why they can continue to buy all these other companies.

Valued Contributor
Posts: 916
Registered: ‎01-24-2015

Re: It cosmetics just sold to L'oreal

[ Edited ]

@Quiltlady. I think LG sold to a private equity firm a few years ago, I don't know if LG still has majority ownership. Anyway whenever a PE firm is involved, it's a matter of time until the company is sold again.

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

Re: It cosmetics just sold to L'oreal


@Fluke67 wrote:
I think LG sold to a private equity firm a few years ago, I don't know if LG still has majority ownership. Anyway whenever a PE firm is involved, it's a matter of time until the company is sold again.

No she does not have a majority ownership anymore.

 

Here is the article for those interested:

 

https://www.entrepreneur.com/article/242707

Esteemed Contributor
Posts: 5,882
Registered: ‎03-10-2010

Re: It cosmetics just sold to L'oreal


@loveschocolate wrote:

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Funny how Jaime leaves out that she was a vendor on HSN before moving to QVC. She also became a vendor in Canada on The Shopping Channel during those HSN days.

 

TSC in Canada gave her a chance to become successful as Canadian customers embraced her philosophy and products two years before she ever became a QVC vendor.

 

Now Jaime is rarely on TSC anymore as she sends her employees to Canada to rep the line because she's the number 1 color cosmetics beauty vendor on QVC now so she's too busy to appear in Canada. The line is popular on TSC but sometimes it's not the same when TSC gets only a portion of the products available on QVC.