L’Oreal to branch out into aesthetics and supplements?
Could L’Oreal be posied to branch out into botox? The French beauty giant is said to be doing a deep dive into the medical aesthetics market and has acquired stakes in medical clinics in both China and North America. The post L’Oreal to branch out into aesthetics and supplements? appeared first on Global Cosmetics News.
THE WHAT? Could L’Oreal be posied to branch out into botox? The French beauty giant is said to be doing a deep dive into the medical aesthetics market and has acquired stakes in medical clinics in both China and North America.
THE DETAILS Indeed, according to a report published by Investing.com, the move follows L’Oreal’s purchase of a 10 percent stake in injectables firm, Galderma last August.
The Maybelline maker is also exploring entry into the nutricosmetics market and is expected to unveil its first launch in this space later this year.
THE WHY? Investing.com reveals that L’Oreal’s potential foray into new categories is part of a wider plan to diversify its portfolio and explore opportunities in new markets.
The post L’Oreal to branch out into aesthetics and supplements? appeared first on Global Cosmetics News.
