Supply: Carol’s Daughter / Carol’s Daughter
Carol’s Daughter has been by means of a number of modifications as one of the crucial well-liked and beloved hair care manufacturers for girls of coloration — one other change is on the horizon, as the corporate has simply been offered.
After buying the model in 2014, based by Lisa Value in Brooklyn, New York, again in 1993, Value introduced that Carol’s Daughter has formally been offered to an impartial entrepreneur, in keeping with a report from Enterprise of Vogue.
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In an Instagram video sharing the information, founder Lisa Value bought followers excited for what’s to come back. “This subsequent chapter? It’s bolder. It’s fearless. It’s about innovation that doesn’t simply observe tendencies however units them,” she stated.
Most significantly, it’s about deepening our dedication to you, the neighborhood that constructed us, to each one that has ever believed in me, to these of you who’ve rocked with Carol’s Daughter from day one.”
“The model will now start a brand new chapter below the management of its founder and new President, Lisa Value, alongside an impartial magnificence entrepreneur with a confirmed monitor document of buying and rising magnificence manufacturers, together with Ambi, AcneFree, Baxter of California, and Dermablend,” L’Oreal stated by way of press launch.
L’Oreal USA CEO, David Greenberg stated the corporate is “pleased with Carol’s Daughter’s lengthy legacy and the transformative influence it has had on the wonder business.”
“On the coronary heart of this legacy is Lisa Value, an entrepreneur who has at all times been forward of her time and has constructed Carol’s Daughter right into a beloved model that has honored and celebrated ladies of coloration for many years. We’re assured that, with Lisa Value as President and the assist of its new accomplice, Carol’s Daughter will proceed to thrive for years to come back,” Greenberg added.

Supply: Heritage Photographs / Getty
The corporate stated that it’s working behind the scenes to make sure a “seamless transition” for purchasers as Carol’s Daughter enters a “new part.”
L’Oreal USA additionally prolonged gratitude to the Carol’s Daughter group for his or her onerous work all through the years.
Followers reacted excitedly to the information all through social media, citing the model’s return to impartial possession following its acquisition by a big conglomerate.
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