L’Oréal said it would acquire Skinbetter Science, a Phoenix, Arizona-based skincare startup that distributes its line through dermatologists and aesthetic surgeons.
The brand, which was founded in 2016, reported annual revenues over $95 million in the twelve months through July, L’Oréal said. Skinbetter Science’s current management including co-founder and executive president Jonah Shacknai will continue to lead the brand.
L’Oréal,…