Thursday, November 29, 2012

What the hell Thursday (supposed to be Wednesday)!!!

Please do not judge, this was supposed to be posted yesterday (Wednesday) but I am posting today.  Hence "What the hell Thursday", I am sure my fellow FC Addicts may have read or ran across the article where L'Oreal Luxe made the decision to purchase one of my favorite privately held Urban Decay for an estimated $250 million  - $300 million.  Urban decay said this will be a great move for them because L'Oreal has access to the mass market and UD wants to get their product out to more consumers.  L'Oreal on the other hand believe UD will give them demographic group they want, and add to their portfolio of luxry brands they currently own.



In case you did not know Urban Decay does not do animal testing, they are a "Vegan" cosmetics company.  For a lot of people who use their product this deal has them very nervous since L'Oreal does animal testing.  One thing I can say, they have one other company hey own you may be familiar with it "the Body Shop" they do not do animal testing.  This mean there is a great that they will not change UD when it comes to their practice of testing products.  I am definitely watching to see how this will unfold.

If you want to read more about this checkout Wallstreet Journal and Business Week 

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