├ Trailer L’Oreal to Buy Urban Decay Cosmetics 2012/11/27 02:54 by 가야伽倻

Monday, November 26th, 2012

Today, it was announced that L’Oreal has signed an agreement to buy Urban Decay Cosmetics. Urban Decay was founded in 1996, acquired by LVMH in 2000, then sold to private equity firm Castanea in 2009. L’Oreal owns several recognizable brands in the high-end mark like Lancome, Kiehl’s, shu uemura, Giorgio Armani, and YSL. When it comes to this price point, adding Urban Decay into the mix makes a lot of sense of L’Oreal.  The Body Shop seems to be the only similarly-priced brand in their portfolio.  They also own L’Oreal Paris, Maybelline New York, and Essie, which can all found at mass.

One concern among Urban Decay fans might be its stance on animal testing and how that might change over time.  While ultimately whether you buy or not will depend on your set of rules, but some brands under L’Oreal have no animal testing policies, including Giorgio Armani and The Body Shop (another brand that was acquired) were two readily identified. It is possible for Urban Decay to continue forward with their policy, but the parent company does still conduct animal testing; L’Oreal has significantly reduced its animal testing and has invested millions of dollars into alternative testing methods (source; also see L’Oreal’s developments here), though it has not ceased entirely.  Ultimately, once the transition is complete, we’ll have a better idea of any changes (or renewal of commitments to the same policy).


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