L’Oreal buys majority stake in Innovist, its first India acquisition in 13 years | Mumbai News
Mumbai: French beauty giant L’Oreal is buying a majority stake in homegrown personal care firm Innovist which owns digital first brands such as Bare Anatomy and Chemist at Play, the company said on Thursday.This will be L’Oreal’s first acquisition in India in nearly 13 years since its purchase of Mumbai-based Cheryl’s Cosmeceuticals in Sept 2013…
