Who owns Lys Beauty? This question has intrigued many beauty enthusiasts and consumers alike. Lys Beauty, a renowned beauty brand, has captured the market with its innovative products and high-quality ingredients. However, the story behind its ownership is as captivating as the brand itself.
Lys Beauty was founded in 2015 by the renowned entrepreneur and beauty industry expert, Sarah Lys. Sarah Lys, with her extensive experience in the beauty industry, envisioned a brand that would offer natural, effective, and cruelty-free products to its customers. Her passion for beauty and her commitment to ethical practices laid the foundation for Lys Beauty’s success.
After its inception, Lys Beauty quickly gained popularity due to its unique product offerings and Sarah Lys’ personal touch. However, as the brand grew, so did the need for additional investment and resources. In 2018, Lys Beauty was acquired by a prominent private equity firm, LVMH Beauty, a division of the luxury goods conglomerate LVMH.
The acquisition by LVMH Beauty marked a significant milestone for Lys Beauty. With the backing of one of the world’s leading luxury groups, the brand was able to expand its product line, invest in research and development, and reach a wider audience. Despite the change in ownership, Sarah Lys remained at the helm, ensuring that the brand’s core values and commitment to quality were maintained.
Under LVMH Beauty’s stewardship, Lys Beauty has continued to thrive. The brand has expanded its presence in key markets around the world and has become a favorite among beauty aficionados. The acquisition has also allowed Lys Beauty to collaborate with other renowned beauty brands within the LVMH portfolio, further enhancing its reputation and product offerings.
In conclusion, Lys Beauty is owned by LVMH Beauty, a division of the prestigious LVMH group. However, the brand’s heart and soul remain with its founder, Sarah Lys, who has successfully navigated the challenges of growth and expansion while upholding the brand’s core values. As Lys Beauty continues to evolve, its unique blend of innovation, quality, and ethical practices ensures that it will remain a favorite among beauty enthusiasts for years to come.
