French cosmetic giant L’Oréal announced a double-digit uptick in total revenues for the year 2022, coinciding with strong fourth-quarter growth, up 13.5 percent for the three months ending Decem…
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LVMH, Shiseido, L’Oreal seek stake in Australia’s Aesop
Beauty giants Shiseido and L’Oreal, as well as luxury behemoth LVMH, are reportedly in the running for stake in the high-end cosmetic brand, Aesop, that could value the Australian brand at USD 2…
China set to become L’Oréal’s largest market
China is expected to become the world’s largest market for L’Oréal, with its performance increasing by more than 20 percent in the last two consecutive years. The beauty Group held its “25th Ann…
L’Oreal announces financial results
L’Oreal announced strong return to growth at 10.2% in the first quarter of 2021.…
Unilever, L’Oreal among major firms looking to acquire Charlotte Tilbury
Unilever Plc , L’Oreal SA, and Estee Lauder Companies Inc are among firms vying to buy British makeup brand Charlotte Tilbury Beauty Ltd, Bloomberg reported.…
L’Oréal launches ‘Karl Lagerfeld x L’Oréal Paris’
L’Oréal Paris Travel Retail Asia Pacific, in partnership with Lotte Duty Free, celebrated the launch of the limited edition ‘Karl Lagerfeld x L’Oréal Paris’ makeup collection with an excit…
Prada and L’Oréal sign a long-term license agreement
Prada S.p.A. and L’Oréal announce the signing of a long-term license agreement for the creation, development, and distribution of luxury beauty products for the Prada brand.…
L’Oréal invests in Cathay Innovation to develop beauty tech
L’Oréal announced a strategic investment in Cathay Innovation, a global venture capital fund founded to support entrepreneurs engaged in the sustainable transformation of the world through techn…
L’Oreal in talks to buy Mugler, Azzaro from Clarins
L’Oreal (OREP.PA) is in talks to buy the Mugler and Azzaro brands from Clarins Group, as the French luxury goods group reinforces its presence in upmarket cosmetics.…
L’Oréal sales leap forward in 2018 on strong China demand
Cosmetics and beauty group L’Oréal said fiscal 2018 proved to be its best year of growth since 2007, with annual comparable accelerating after strong fourth-quarter sales increases, particularly…