L’Oréal North Asia, spanning Japan, Korea, and Greater China, became the first of the company’s zones worldwide to achieve carbon neutrality across all operated sites, offices, and research and innova…
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L’Oréal to acquire Aesop in USD2.5 billion deal
L’Oréal has signed a deal to acquire the Australian luxury beauty brand Aesop from Natura & Co, the Brazilian cosmetics group which owns Avon International, Natura, and The Body Shop.…
L’Oréal North Asia sees double-digit growth in 2022
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…
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…