{"id":49,"date":"2019-12-02T16:01:04","date_gmt":"2019-12-02T10:31:04","guid":{"rendered":"http:\/\/172.105.37.82\/?p=49"},"modified":"2019-12-02T16:01:04","modified_gmt":"2019-12-02T10:31:04","slug":"loreal-invests-in-canadian-skincare-group-functionalab","status":"publish","type":"post","link":"https:\/\/indiacityblog.com\/fashion\/loreal-invests-in-canadian-skincare-group-functionalab-49\/","title":{"rendered":"L\u2019Or\u00e9al invests in Canadian Skincare group Functionalab"},"content":{"rendered":"\r\n<p>The French personal care and beauty conglomerate L\u2019Or\u00e9al has strengthened its foothold in professional skincare market by investing in the Canadian group Functionalab. Earlier in 2005, the beauty giant entered the marketplace with the brand SkinCeuticals, whose distribution will be extended to all Dermapure clinics.<\/p>\r\n<figure id=\"attachment_55\" aria-describedby=\"caption-attachment-55\" style=\"width: 783px\" class=\"wp-caption alignnone\"><img loading=\"lazy\" class=\"wp-image-55 size-full\" src=\"http:\/\/172.105.37.82\/wp-content\/uploads\/2019\/12\/functionalab.jpg\" alt=\"\" width=\"783\" height=\"391\" srcset=\"https:\/\/indiacityblog.com\/wp-content\/uploads\/2019\/12\/functionalab.jpg 783w, https:\/\/indiacityblog.com\/wp-content\/uploads\/2019\/12\/functionalab-300x150.jpg 300w, https:\/\/indiacityblog.com\/wp-content\/uploads\/2019\/12\/functionalab-768x384.jpg 768w, https:\/\/indiacityblog.com\/wp-content\/uploads\/2019\/12\/functionalab-360x180.jpg 360w, https:\/\/indiacityblog.com\/wp-content\/uploads\/2019\/12\/functionalab-600x300.jpg 600w, https:\/\/indiacityblog.com\/wp-content\/uploads\/2019\/12\/functionalab-480x240.jpg 480w\" sizes=\"(max-width: 783px) 100vw, 783px\" \/><figcaption id=\"caption-attachment-55\" class=\"wp-caption-text\">Source: Functionalab<\/figcaption><\/figure>\r\n<p>Commenting on the investment, Brigitte Liberman, L&#8217;Or\u00e9al President Active Cosmetics Division said in an official statement that aesthetic procedures were increasingly integrated into the consumer&#8217;s beauty routines.\u00a0<\/p>\r\n<p><em>\u201cWith this investment, we will be able to better understand their expectations in regard to procedures, aesthetic gestures and offer them tailor-made beauty routines. This is also a great opportunity for the SkinCeuticals brand to establish a strong partnership with a Canadian leader of aesthetic medicine clinics,\u201d<\/em> Liberman added. \u00a0<\/p>\r\n<p>Speaking of the same Francis S. Maheu, Co-Founder and CEO of Functionalab Group, claimed, <em>\u201cThis strategic partnership with L&#8217;Or\u00e9al not only validates our leadership position in Canada, but also the unique positioning and attractiveness of our concepts and brands in the field of aesthetic medicine clinics.\u201d\u00a0<\/em><\/p>\r\n\r\n\r\n\r\n\r\n\r\n\r\n\r\n\r\n\r\n\r\n\r\n\r\n\r\n\r\n\r\n\r\n\r\n<p>Furthermore, Maheu stated that Funtionalab was proud to be able to count on the support of L&#8217;Or\u00e9al to continue executing and accelerating their growth plan including a geographic expansion.\u00a0<\/p>\r\n\r\n\r\n\r\n<p>This minority stake investment in Functionalab was made through L\u2019Or\u00e9al&#8217;s corporate venture capital fund BOLD Business Opportunities for L&#8217;Or\u00e9al Development. Functionalab offers a variety of non-invasive rejuvenating treatments including laser, injections, wrinkle and skin tightening treatments among others with 15 medical clinics in Canada.\u00a0<\/p>\r\n<p><em>This story was first published on The Indian Wire.<\/em><\/p>\r\n","protected":false},"excerpt":{"rendered":"<p>The French personal care and beauty conglomerate L\u2019Or\u00e9al has strengthened its foothold in professional skincare market by investing in the<\/p>\n","protected":false},"author":4,"featured_media":56,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":[],"categories":[3],"tags":[134,132,131,133],"yst_prominent_words":[120,114,112,117,113,107,122,119,118,123,121,116,125,130,129,115,128,126,127,124],"amp_enabled":true,"_links":{"self":[{"href":"https:\/\/indiacityblog.com\/wp-json\/wp\/v2\/posts\/49"}],"collection":[{"href":"https:\/\/indiacityblog.com\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/indiacityblog.com\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/indiacityblog.com\/wp-json\/wp\/v2\/users\/4"}],"replies":[{"embeddable":true,"href":"https:\/\/indiacityblog.com\/wp-json\/wp\/v2\/comments?post=49"}],"version-history":[{"count":0,"href":"https:\/\/indiacityblog.com\/wp-json\/wp\/v2\/posts\/49\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/indiacityblog.com\/wp-json\/wp\/v2\/media\/56"}],"wp:attachment":[{"href":"https:\/\/indiacityblog.com\/wp-json\/wp\/v2\/media?parent=49"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/indiacityblog.com\/wp-json\/wp\/v2\/categories?post=49"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/indiacityblog.com\/wp-json\/wp\/v2\/tags?post=49"},{"taxonomy":"yst_prominent_words","embeddable":true,"href":"https:\/\/indiacityblog.com\/wp-json\/wp\/v2\/yst_prominent_words?post=49"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}