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L’Oréal Invests in Chinese Clean Beauty Brand Lan

Investment is part of the company’s Business Opportunities for L’Oréal Development (BOLD) program.

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By: Melissa Meisel

Expanding its presence in China and overall portfolio of clean beauty products, L’Oréal has announced a minority investment in Lan, a Hangzhou-based clean beauty brand, according to reports.

In 2023, L’Oréal made a minority investment in Shinehigh Innovation, a biotechnology company in China, as reported in Happi. The move establishes a long-term partnership for the co-development of novel and sustainable beauty solutions, according to L’Oréal.

This is L’Oréal’s latest innovation investment in China through Shanghai Meicifang Investment Co., Ltd (Meicifang), with the support from BOLD (Business Opportunities for L’Oréal Development), L’Oréal Groupe’s strategic innovation venture capital fund company.

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