International beauty major L’Oréal has developed advanced sunscreen formulations that provide increased protection, improved sensorial experience, enhanced appearance and skin whitening.
L’Oréal Group CEO cautioned that the coronavirus outbreak (COVID-19) would cause a temporary slowdown but remained confident that the company would still be able to outperform the market in 2020.
L’Oréal has reported its strongest sales growth in a decade, with Luxe and Active cosmetics surging significantly and e-commerce growing ‘spectacularly’, according to its CEO and chairman.
Tech innovation will trigger important advances in customised consumer experiences and precision beauty in the coming years; the challenge will be making products with strong values, says the head of L’Oréal’s Technology Incubator.
L’Oréal will launch its artificial intelligence (AI) at-home skin care device Perso globally next year and the beauty major says it plans to make the product accessible to all.
L’Oréal has unveiled its beauty device ‘Perso’ that provides at-home, personalised formulas based on real-time data and trend analysis; an official market launch in skin care is set for 2021.
Global beauty major L'Oréal has signed a long-term license agreement with high-end Italian fashion house Prada to develop a luxury beauty line it says will be an ‘ideal complement’ to its Luxe brands.
L'Oréal has made a strategic investment in global venture capital fund Cathay Innovation to reinforce its connection to the beauty tech start-up ecosystem, particularly in China.
L’Oréal has secured strong third-quarter earnings across its global business, driven largely by dynamic growth in its Luxe and Active divisions and business has accelerated across Eastern Europe.
L’Oréal has signed an agreement with Clarins Group to acquire its entire fragrance division which includes Mugler and Azzaro. The deal is set to close in the first quarter of 2020.
Amidst its strongest global sales growth in a decade, L'Oréal says fragrance innovation should liven up the relatively flat sales environment in Western Europe.
The technologies—voice, machine vision and location analytics, ecommerce advertising, multicloud broadcasting, and AI—aren’t exclusively beauty tech solutions. But L’Oréal Canada and the men leading these startups see great potential for their tech tools...
