L’Oreal shares slumped on Wednesday as the chief executive of the highly valued cosmetics company didn’t express huge confidence over upcoming sales. Steven Goldstein is based in London and ...
French beauty giant L’Oreal OR-1.10%decrease; red down pointing triangle posted higher sales for the third quarter as both its consumer and higher-end lineups of products continued to attract clients, ...
L’Oreal SA appointed Alexis Perakis-Valat as chief executive officer of its US and North America business, turning to a company veteran to drive growth in the largest cosmetics market. Perakis-Valat, ...
Despite being one of the three companies named by Giorgio Armani, who died earlier this month, to take over his fashion, beauty and home empire, alongside luxury conglomerate LVMH and eyewear giant ...
PARIS/LONDON (Reuters) -L'Oreal has agreed to acquire a majority stake in British skincare brand Medik8, boosting the French cosmetics giant's position in the fast-growing dermatological skincare ...
Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. L’Oréal is poised to seal a roughly €1bn deal to buy UK skincare company Medik8, in the latest push by the ...
Growing old is a costly business — at least when it comes to covering gray hair. Considering the fact I get a root touch-up at the salon every month for around $200 a pop (instead of every two months ...
The company said sales growth benefited from the phasing related to the 2024 and 2025 IT transformation with a positive net impact of EUR 100M. It added, “In what has been a particularly challenging ...
L'Oréal has voluntarily recalled all of its Effaclar Duo acne treatment in the U.S. due to concerns that the product may be contaminated with benzene, a known carcinogen. "In close coordination with ...
L’Oréal Groupe has opened a new $160 million Research & Innovation Center in Clark, New Jersey. The facility is the largest L’Oréal research center outside of France and will employ over 600 people.
Finding a transfer-resistant long-wear foundation often feels like searching for a needle in a haystack. I cringe whenever my five-foot frame leans in to hug someone because I undoubtedly leave a part ...
Jacquemus is moving into beauty. The French fashion house will launch a beauty line in partnership with L’Oréal, the companies announced just before L’Oréal’s annual earnings conference on Friday.