L’Oreal, Lotus Herbals in talks for JV
French cosmetics firm L’Oreal and Indian herbal skincare products maker Lotus Herbals are said to be considering a joint venture to establish a strong hold in the Rs 7,000-crores beauty salon industry in India. If the talks get through, Lotus Herbals’ portfolio having 250 products including skin whitening cream, color cosmetics and hair care may...
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