Estée Lauder Companies, L’Oréal Suffer as China Duty-Free Spend Continues to Fall The allure of the Chinese travel retail market has long been a beacon of hope for global beauty conglomerates like Estée Lauder Companies and L’Oréal. With the influx of Chinese tourists seeking luxury goods at duty-free shops, these companies positioned themselves to capitalize […]
How to Get Beauty PR Right in Africa
How to Get Beauty PR Right in Africa In recent years, global beauty giants like MAC Cosmetics and L’Oréal have been making significant strides in Africa. These industry leaders have been diligently laying the groundwork and establishing robust distribution channels across the continent. However, their focus has now shifted towards creating impactful marketing activations to […]
L’Oréal Recalls Acne Treatment on Cancer-Linked Chemical
L’Oréal Recalls Acne Treatment on Cancer-Linked Chemical L’Oréal, a renowned name in the beauty and skincare industry, recently made headlines with its decision to recall a popular acne treatment product due to concerns over a cancer-linked chemical. The product in question is L’Oréal’s Effaclar Duo, which is sold under the company’s La Roche-Posay brand. This […]
L’Oréal Sales Miss Estimates as China Demand Remains Weak
L’Oréal Sales Miss Estimates as China Demand Remains Weak French cosmetics giant L’Oréal recently faced a setback as its sales growth fell short of expectations, registering a mere 2.5 percent increase. The underperformance was primarily attributed to softened demand in the US market, further exacerbated by the persistent sluggishness in China, ultimately dragging down the […]
L’Oréal Sells €3 Billion of Sanofi Stock Back to Drugmaker
L’Oréal Sells €3 Billion of Sanofi Stock Back to Drugmaker L’Oréal, the renowned French cosmetics giant, has recently made a strategic move by selling €3 billion of Sanofi stock back to the drugmaker. This significant transaction is not just about reshuffling assets; it signifies a calculated step towards optimizing L’Oréal’s balance sheet. By divesting a […]
Big Beauty Brands Embrace AI Skin Analysis
Big Beauty Brands Embrace AI Skin Analysis In the ever-evolving landscape of the beauty industry, technology plays a crucial role in revolutionizing skincare routines. As AI continues to make waves across various sectors, big beauty brands like Beiersdorf, Clarins, and L’Oréal are placing their bets on AI skin analysis to enhance their products and provide […]