Breaking News

L'Oreal India Acquires Cheryl’s Cosmeceuticals

September 23, 2013

Professional skin care company will boost its brand offerings.

L’Oréal India has acquired Cheryl’s Cosmeceuticals, a pioneer in professional skin care products and treatments in beauty salons across the country. This is the first acquisition for L’Oréal in India. 
 
Headquartered in Mumbai, Cheryl’s Cosmeceuticals was created in 1986 by Oscar & Cheryl Pereira and is today synonymous with superlative skin care treatments and products across salons in India. In 2012, Cheryl’s Cosmeceuticals had a distribution network spanning over 10 000 salons in India and a turnover of approximately 200 million Rupees (3 million Euros).
 
Jean-Christophe Letellier, managing director, L’Oréal India, said, “This is an attractive opportunity for L’Oréal in India as it broadens the product offering of our Professional Products Division in this country to also include skincare products and services. It will further enhance our leadership position in the very dynamic professional products market where we are present with our brands - L’Oréal Professionnel, Matrix, and Kerastase."  
 
“It has been a great adventure to bring to market a truly unique brand that has captured the hearts and minds of many thousands of salons,” said Oscar Pereira, director of Cheryl’s Cosmeceuticals.  “It will continue to grow and flourish with L’Oréal.”
 
  • Sparkle & Shine

    Sparkle & Shine

    Melissa Meisel, Associate Editor||November 21, 2016
    Glam packaging and upscale scent combos are big at Yankee Candle for Holiday 2016.

  • Cos Bar: Turning 40 and Hitting Fast Forward

    Cos Bar: Turning 40 and Hitting Fast Forward

    Christine Esposito, Associate Editor||November 21, 2016
    With a recent investor infusion, a new CEO and rebranding effort underway, this luxury beauty retailer has big plans.

  • Organic Matter

    Organic Matter

    Christine Esposito, Associate Editor||November 14, 2016
    FTC and USDA hold a public roundtable to discuss consumers’ perception of organic claims.

  • The World Comes to Orlando

    The World Comes to Orlando

    Tom Branna , Editorial Director||December 1, 2016
    More than 1,600 chemists traveled to Florida for the IFSCC Congress

  • The Plex  Phenomenon

    The Plex Phenomenon

    Denise Costrini, Croda North America||December 1, 2016
    Croda details the hair-protecting qualities of bond multipliers and the company’s new bond-building formulation system.