The prestige beauty brand says long term strategic plans for the company have ‘necessitated’ looking at alternative options
Lorac Cosmetics, the prestige US beauty brand, is exploring strategic options including a sale of the company.
The California-based colour cosmetics brand generates sales in the region of US$40m annually and was boosted by an investment made in 2015 by private equity firm Encore Consumer Capital.
However, it announced that long term strategic plans for the company have . . .
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