L’Oreal has joined Abolis Biotechnologies’s €35 million ($38.6 million) funding round alongside speciality chemicals group Evonik, as part of a deal to develop bio-based ingredients …
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LOréal
L’Oréal Refines Its Strategy as US Demand Falters, China Drags
A slight slowdown in beauty spending weighed on L’Oréal’s earnings. In its second quarter results, announced July 30, the world’s biggest beauty company delivered like-for-like …
L’Oréal Q2 Sales Rise but Depressed China Market Weighs
French cosmetics giant L’Oréal reported a 5.3 percent rise in second-quarter sales, below expectations and likely further rattling investors already worried about the lack of …
L’Oréal CEO Sees Slower Beauty Market Growth as China Struggles
L’Oréal SA expects slower growth for the overall beauty market this year, according to its CEO, as weakness in China weighs on sales after years …
Report: L’Oréal, Estée Lauder Perfumes Linked to Child Labour
Jasmine flowers picked by children were used by perfume suppliers to L’Oréal and Estée Lauder brands, a BBC Eye Investigations report has found. The investigation …
Celebrities at the L’Oreal Lights On Women’s Worth Award
Sofia Carson, Helen Mirren, and Simone Ashley joined Elle Fanning and Viola Davis for L’Oreal’s Lights On Women’s Worth Award during the Cannes Film Festival. …
Viola Davis Wore Elie Saab To The L’Oreal Lights On Women’s Worth Award
L’Oréal ambassador Viola Davis joined Elle Fanning for L’Oréal’s Lights On Women’s Worth Award during the Cannes Film Festival on Friday. Known for her affinity …
Elle Fanning Wore Chanel Haute Couture To The L’Oreal Lights On Women’s Worth Award
Elle Fanning, a L’Oréal Paris ambassador since 2017, served as a juror for L’Oréal’s Lights On Women’s Worth Award during the Cannes Film Festival on …
L’Oréal Is Trying to Bring Virtual Try-On for Hair Colour to the Masses
L’Oréal is bringing its virtual try-on feature to store shelves. Thanks to the French beauty conglomerate’s new partnership with Snapchat and retail behemoth Walmart, consumers …
L’Oréal Q1 Sales up 9.4% on Strong Mass Market Demand
The French cosmetics giant, which owns the Maybelline and Lancôme brands, reported sales of 11.24 billion euros ($11.98 billion) for the first three months to …
L’Oréal Eyes Stake in €3 Billion Perfume Brand Amouage
L’Oréal SA is considering a potential investment in Omani luxury fragrance company Amouage, according to people familiar with the matter. The French beauty group has …
L’Oréal Paris Names Mary Fowler Brand Ambassador
The beauty brand announced on Mar. 4 that Australian football star Mary Fowler is its new brand ambassador. Her debut with L’Oréal comes a week …
Power Moves | L’Oréal Appoints New CEO, Macy’s Taps Consultant as CFO
LONDON, United Kingdom — BoF compiles the most important professional moves of the week. L’Oréal names CEO. Nicolas Hieronimus will take over from Jean-Paul Agon …
Why L’Oréal Is Investing in Niche Chinese Fragrance Brands
When Li Shen and Liu Huipu launched luxury fragrance maker To Summer six years ago, the tastes of the Chinese market tilted decidedly towards sweet, …
How L’Oréal Luxe Used Fashion Deals to Become Prestige Beauty’s Biggest Player
PARIS – L’Oréal’s luxury division has had an eventful week: last Thursday, the group announced annual revenues that showed the Luxe unit had surpassed Estée …
L’Oréal Wins Miu Miu Beauty License
L’Oréal and Miu Miu are teaming up on beauty, announcing an exclusive worldwide licensing agreement Friday. The move builds on an ongoing relationship between L’Oréal …
L’Oréal Posts Record Results, Becomes Global Market Leader for Prestige Beauty
While success was seen across the board, particular growth was once again noted in its dermatological beauty division, which is made up of brands such …
L’Oréal Bets on Longevity Biotech Company Timeline
On Tuesday, L’Oréal Groupe’s venture capital arm, BOLD (Business Opportunities for L’Oréal Development), announced an investment in Swiss consumer health company Timeline. Founded in 2007, …
L’Oréal Confident on China Despite Tensions Over Trade Secrets
L’Oréal SA remains confident on the potential of the Chinese market despite tensions over the level of ingredient disclosure the country is requesting from cosmetics …
L’Oréal Heir Francoise Bettencourt Meyers Becomes First Woman With $100 Billion Fortune
Francoise Bettencourt Meyers became the first woman to amass a $100 billion fortune, marking another milestone for the heiress and for France’s expanding fashion and …