L’Oréal has taken a minority stake in the Chinese mass-market skin care brand Lan, marking the beauty giant’s second investment in a Chinese beauty company in recent weeks. The move underscores L’Oréal’s heightened focus on China as international brands are losing ground to fast-growing domestic players. “We firmly believe investing in China is investing in the future, and we will continue to cultivate the Chinese market, work with more Chinese brands to create a beautiful future, and meet the expectations of sophisticated Chinese consumers,” says Vincent Boinay, president of L’Oréal North Asia and CEO of L’Oréal China.
Arts and Crafts
In the late nineteenth century, art critic John Ruskin and textile designer William Morris advocated the embracement of natural patterns inspired by the British countryside.











