L'Oréal Backs Hanni To Tap Premium Clean Beauty Growth Potential
L’Oréal’s BOLD venture fund has invested in eco conscious body care brand Hanni. The deal expands L’Oréal’s presence in premium, vegan and cruelty free body care. The move reflects growing consumer interest in clean and sustainable beauty products. L'Oréal, traded as ENXTPA:OR, is backing Hanni at a time when clean and sustainable beauty is gaining more attention with consumers. The company’s shares recently closed at €356.75, with a 1 year return of 6.2% and a 5 year return of 11.1%. These...
L’Oréal’s BOLD venture fund has invested in eco conscious body care brand Hanni. The deal expands L’Oréal’s presence in premium, vegan and cruelty free body care. The move reflects growing consumer interest in clean and sustainable beauty products. L'Oréal, traded as ENXTPA:OR, is backing Hanni at a time when clean and sustainable beauty is gaining more attention with consumers. The company’s shares recently closed at €356.75, with a 1 year return of 6.2% and a 5 year return of 11.1%. These...