L'Oréal news and archive

L’Oréal invests in Jacquemus as brand enters ‘beauty chapter’

Cosmetics giant L’Oréal Group has made a minority investment in Jacquemus as the French luxury brand prepares to enter its “beauty chapter”. The long-term, exclusive beauty partnership intends to support Jacquemus’ independent development, while seeing it join L’Oréal Luxe, the group’s luxury beauty division. In a release, eponymous founder,...

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IBM and L’Oréal partner to leverage AI to advance sustainability

Global beauty company L’Oréal is collaborating with IBM to leverage the technology giant’s generative artificial intelligence (GenAI) to advance the creation of sustainable cosmetics. In a statement, the two companies said they will work together to build the first AI model that will uncover “new insights in cosmetic formulation data,...

Fashion|Beauty Member

L’Oreal unveils skin analysis tool at CES 2025

Beauty giant L’Oreal has unveiled a new personalised skin analysis tool at the annual CES tech showcase in Las Vegas, US, which enables consumers to understand their skin’s ageing trajectory in just five minutes. The L’Oréal Cell BioPrint, created in partnership with Korean startup NanoEnTek, is a portable lab-on-a-chip device, which uses...

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L’Oréal snaps up Korean skincare brand, Dr.G

Beauty conglomerate L’Oréal has acquired a subsidiary of Swiss retail group Migros, which includes Korean skincare brand, Dr.G. The deal involves all assets under Migros’ Gowoonsesang Cosmetics Co, Ltd. subsidiary, and will see Dr.G ultimately added to L’Oréal Groupe’s Consumer Products Division (CPD). This category intends to meet the rising...

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L’Oréal records like-for-like sales growth of 6 percent

In the first nine months, L’Oréal sales amounted to 32.40 billion euros, up 6 percent reported, while like-for-like sales grew by 6 percent. The company’s growth at constant exchange rates was 8.1 percent. “We delivered solid growth of 6 percent in the first nine months, well-balanced between value and volume, despite multiple turbulences that...

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Goosebumps and stars as Paris Fashion Week kicks off

Paris - Hollywood stars braved the rain to open Paris Fashion Week at L'Oreal's giant outdoor show Monday as rumours swirl of musical chairs at the top of fabled French brands. The cosmetics giant persuaded Jane Fonda — in snazzy silver sneakers — Kendall Jenner, Eva Longoria, and several of its other brand ambassadors to walk in a spectacular...

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L'Oreal to buy 10 percent stake in dermatology firm Galderma for undisclosed terms

Cosmetics and beauty products giant L'Oreal Co. (LRLCY.PK) announced Monday the acquisition of a 10% stake in dermatology company Galderma Group AG for a non-disclosed amount. The stake is being acquired from Sunshine SwissCo AG, a consortium led by EQT, Abu Dhabi Investment Authority (ADIA), Auba Investment Pte. Ltd., all acting in coordination...

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L’Oréal H1 like-for-like sales grow by 7.3 percent

In the first six months, sales at L’Oréal amounted to 22.12 billion euros, up 7.5 percent reported with like-for-like sales growing by 7.3 percent. Growth at constant exchange rates was 9.8 percent. Operating margin for the period was 20.8 percent, up 10 basis points and net profit increased by 8.8 percent to 3.65 billion euros. Commenting on...

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L'Oréal expands partnership with Debut to scale biotech for sustainable beauty

Beauty biotech company Debut is expanding its partnership with L'Oréal, which owns Maybelline, NYX Cosmetics and Garnier, to develop and scale more than a dozen bio-identical ingredients to accelerate a more sustainable beauty industry. As part of the agreement, Debut will create new bio-based ingredients using proprietary advanced...

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L'Oreal and Estée Lauder perfumes linked to child labour, says report

A BBC investigation has uncovered the use of child labour in the jasmine supply chains of two major luxury perfume brands, Lancôme and Aerin Beauty. The investigation revealed that children are picking jasmine flowers in Egypt, which supplies about half of the world’s jasmine. Despite claims of zero tolerance for child labour from their parent...

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Puig prepares to go public, setting share price at 24,50 euros

Spanish fragrance and fashion conglomerate Puig is poised to debut on the stock market this Friday, marking one of the most highly anticipated IPOs of the quarter. The company, which owns prominent brands like Dries Van Noten, Byredo, and Charlotte Tilbury, seeks to raise 2.6 billion euros, with a share price guidance of 24.50 euros per share,...

Fashion|Beauty Member

YSL Beauty expands rewilding initiative

French luxury cosmetics brand YSL Beauty has announced two new rewilding projects in partnership with global non-government organisation Re:Wild as part of its ongoing commitment to help nature return to its wild state. Due to climate change and extensive human utilisation of nature’s surfaces, the wild is in decline, with almost 75 percent of...