L’Oréal Groupe General Manager for Travel Retail Worldwide Vincent Boinay, one of travel retail’s most-respected executives, has been appointed President of the French beauty group’s North Asia Zone a…
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L’Oréal brings blockbuster portfolio to Wangfujing Duty Free
The group brands include Lancôme, Kiehl’s, Helena Rubinstein, L’Oréal Paris, Maison Margiela, Shu Uemura, Kérastase, and other beauty and fragrance labels. The offer includes several new concepts repr…
Prada bets on beauty with makeup and skincare launch
The Italian luxury house launched its new Prada Skin and Prada Color collections with a campaign called ‘Rethinking Beauty’, available to purchase on prada-beauty.com and prada.com beginni…
L’Oréal H1 revenues up 12 percent, North Asia sales flat
L’Oréal announced first-half sales for 2023 totalled EUR 220.57 billion (USD 242.88 billion), up 13.3 percent like-for-like and up 12 percent on a reported basis, with sales up double-digits in …
“A heart-in-the-mouth moment”: How The Body Shop returned to its ethical roots
Without activism at its core any longer, The Body Shop lost its brand power in the last decade. However, the brand looks poised to make its return to becoming ‘a force for good’ within the…
L’Oréal Paris and King Power team up in Bangkok
L’Oréal Paris Travel Retail Asia Pacific and King Power International Group are celebrating the launch of travel retail-exclusive with an innovative science laboratory-themed animation.…
Exclusive: L’Oréal’s sustainability play in North Asia
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…
L’Oréal North Asia sales slowed by ‘destocking’ in mainland China
French cosmetics group L’Oréal announced on Wednesday a 14.6 percent sales uptick for the first quarter to EUR 10.38 billion (USD 11.37 billion), despite sales growth slowing in the company’s No…
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.…
How global beauty companies are investing in Asia
According to Euromonitor International, the world beauty and personal care market size will grow to USD 547 billion in 2027. Asia Pacific is the key driver of this growth, accounting for 67 percent of…