L’Oréal USA Buys Carol’s Daughter

Lisa Price today announced that Carol’s Daughter, the beauty brand she created in her Brooklyn kitchen in 1993, will be acquired by L’oreal USA.

Carol’s Daughter is a premier American multi-cultural beauty brand with a pioneering heritage in the natural beauty movement.

For the 12 months ending September 30, 2014, Carol’s Daughter had net sales of US $27 million.