Is IT Cosmetics owned by L Oreal?
Is IT Cosmetics owned by L Oreal? The makeup line expanded from there, and eight years later, L’Oreal bought IT Cosmetics for $1.2 billion in cash. Kern Lima pocketed roughly $410 million from the deal, according to Forbes, and for about three years she stayed on as CEO of IT Cosmetics, which made her the first female CEO in L’Oreal’s history.
The makeup line expanded from there, and eight years later, L’Oreal bought IT Cosmetics for $1.2 billion in cash. Kern Lima pocketed roughly $410 million from the deal, according to Forbes, and for about three years she stayed on as CEO of IT Cosmetics, which made her the first female CEO in L’Oreal’s history.
Is Sephora owned by L Oreal?
Sephora is owned by luxury conglomerate LVMH as of 1997.
Who is the manufacturer of IT Cosmetics?
IT Cosmetics – L’Oréal Group – L’Oréal Luxe Division.
What does Sephora sell?
Makeup, Skincare, Fragrance, Hair & Beauty Products.