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.…
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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…
L’Oréal and Watson launch new concept make-up store in China
A.S. Watson, the world’s largest international health and beauty retailer, has teamed up with L’Oréal to launch Colorlab by Watsons, a new concept makeup store in China.…
L’Oréal completes its Stylenanda takeover
French cosmetics giant L’Oréal has completed its takeover of Korean fashion and makeup company Stylenanda just 50 days after it first announced that it would acquire 100 percent of the company.…
L’Oréal selected for Stylenanda bid
French cosmetic giant L’Oreal has been selected as a preferred bidder to acquire a 70 percent stake in Stylenanda, a local fashion and cosmetic brand, as the multinational beauty company hopes to boos…
L’Oréal heiress Liliane Bettencourt dies at 94
Liliane Bettencourt, heiress to the L’Oréal cosmetics empire and the world’s wealthiest woman, has died at 94.…
L’Oreal’s revenue rise slows
L’Oreal, the world’s largest cosmetics group, said revenue growth slowed to 4.6 percent last year in China, which still managed to surpass France as its second largest market globally.…
L’Oreal Q3 sales miss expectations as luxury suffers
French cosmetics giant L’Oreal missed third-quarter sales expectations and said on Thursday that demand for its luxury products had suffered a slowdown in Hong Kong and at airports.
The maker of…
L’Oreal posts 14pc rise in first-quarter sales
L’Oreal posted a 14.1 percent rise in first-quarter sales on Monday, helped by the weak euro and resilient demand for luxury goods products such as Yves Saint Laurent’s Black Opium perfume…
L’Oreal posts slower growth in China
L’OREAL, the world’s largest cosmetics group, said growth in China slowed to 7.7 percent last year from that of 10.2 percent in 2013, as consumption growth slowed in China and globally.
Th…