L’Oreal To Fuel Continued Dermocosmetics Growth With Skinbetter Science Acquisition

23 Sep 2022

Phoenix, AZ-based Skinbetter Science “has become one of the fastest growing medical-dispensed skincare brands in the United States,” recording nearly $95m in sales for the 12-month period ended 31 August 2022, and shows “great international potential,” according to L’Oreal leadership.

L’Oreal SA expects Skinbetter Science to be “a perfect complement” to existing brands in the firm’s Active Cosmetics division, according to a 23 September release announcing the acquisition agreement.

Based in Phoenix, AZ, Skinbetter Science was established in 2016 “to create a new paradigm in skin care.” According to...