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...
The cosmetics industry in Europe is living through a challenging time: Brexit is looming, for one thing, and for another, the industry is under frequent, intense scrutiny for its practices and impact (bans on microplastics and animal testing are key examples)....
The leader in cosmetics original design manufacturing (ODM), Cosmax, builds upon its strong procurement history, with the acquisition of cosmetics maker Nuworld.
In a bid to see off quickly-strengthening cosmetics rivals in India, beauty brand L’Oreal is considering making moves to strengthen its herbal offering.
Dr. Tran Ha Lien Phuong is the first Vietnamese scientist to be acknowledged by L'Oréal, as part of a programme that supports young female researchers around the globe.
L’Oréal has confirmed a draft agreement that will see it acquire the Decléor and Carita professional skin care brands from Japanese cosmetics giant Shiseido.
The China government has confirmed that it is instigating a consultation process to find alternative to the testing on cosmetics products on animals. amid mounting international pressure, with Cruelty Free International voicing its support.
Demand from emerging economies and the increase in aspirational shoppers will keep the Global Cosmetics Manufacturing industry growing throughout 2013, having helped it maintain healthy levels over the past five years.
Having made Asia-Pacific one of the key emerging markets it is focusing on, cosmetics maker L’Oréal is reaping the rewards as sales in the region boosted the company’s year performance.
The Coalition for Consumer Information on Cosmetics’ Leaping Bunny program has received backing from cosmetics players and can benefit further from big brand backing in its bid to end animal testing in the cosmetics industry.
UK cosmetics retailer The Body Shop has hosted its own event focusing on the key challenges and expectations for the future, and to re-emphasise its individuality and uniqueness in business.
The world's largest cosmetics company, L'Oreal, has acquired a 50
per cent controlling stake in the beauty business Le Club des
Createurs de Beaute, currently owned by 3 Suisses International.
L'Oreal overcame the stagnant US market and met high sales
expectations for the third quarter with the help of several product
releases including the launch of Diesel's first fragrance.
Cosmetics giant L'Oreal has added three new members to its
executive committee, in a move aimed at emphasizing its focus on
the group's active cosmetics division, together with the increasing
importance of the Asian and...
The world's leading cosmetic player has further expanded its
position in the naturals market with the acquisition of French
Laboratoire Sanoflore, one of the founding companies specialising
in the manufacturing of certified organic...
Once dismissed as a fad, edible cosmetics are starting to make
their mark on the global market as an increasing number of launches
hone in on consumer desires for natural ingredients that often
happen to cross into the realms of the...
L'Oreal has pulled out of the bidding for beleaguered Japanese
household and cosmetics group Kanebo, citing a lack of Synergy with
its existing brands.
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