Lorac Cosmetics explores sale of the company

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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