The Lucrative Business of Skin Lightening: How Beauty Giants Like Unilever and L’Oréal are Profiting from a Multi-Billion Dollar Industry In a world where beauty standards continue to evolve, the skin lightening and bleaching industry have become a hot commodity, with global giants like Unilever and L’Oréal leading the way and reaping the financial rewards. […]
L’Oréal Bets on Longevity Biotech Company Timeline
L’Oréal Bets on Longevity Biotech Company Timeline L’Oréal, the renowned beauty and cosmetics giant, has set its sights on the promising field of longevity biotechnology with its recent investment in Timeline, a company that has been making waves since its establishment in 2007. Timeline has carved a niche for itself by concentrating on the intricate […]
L’Oréal Divests Hair Care Line Carol’s Daughter
L’Oréal Divests Hair Care Line Carol’s Daughter L’Oréal, the French multinational beauty giant, recently made waves in the industry by divesting the hair care line Carol’s Daughter. Originally founded in Brooklyn in 1993, Carol’s Daughter quickly made a name for itself by focusing on the needs of curly, coily, and Afro-textured hair. The brand’s commitment […]
L’Oréal US Appoints New Head of Acquisitions
Ali Goldstein Appointed as Head of Acquisitions for L’Oréal US L’Oréal, the global beauty powerhouse, has made a strategic move by appointing Ali Goldstein as the new Head of Acquisitions for its US operations. Goldstein, who previously served as the US president of L’Oréal Paris, brings a wealth of experience and expertise to this role. […]
L’Oréal Invests in Jacquemus, Inks Beauty Deal
L’Oréal Invests in Jacquemus, Inks Beauty Deal French fashion brand Jacquemus has been making waves in the industry with its unique designs and innovative approach to fashion. Now, the brand is set to make an even bigger splash with the news that cosmetics giant L’Oréal has taken a minority stake in the company as part […]
Billionaire Bettencourt Meyers to Retire From L’Oréal’s Board
Billionaire Bettencourt Meyers to Retire From L’Oréal’s Board Francoise Bettencourt Meyers, the prominent heiress to the L’Oréal fortune, is set to step down from the company’s board later this year. This strategic move marks a significant transition in leadership within the cosmetics giant, as she plans to pass on her vice-chairman position to her son, […]
L’Oréal Acquires South Korea’s Dr.G in Skincare Deal With Migros
In a strategic move that highlights the rising demand for K-beauty products, L’Oréal, the French cosmetics titan, has announced its acquisition of Gowoonsesang Cosmetics, which includes the acclaimed South Korean skincare brand Dr.G. This transaction, agreed upon on December 23, 2024, marks a significant step for L’Oréal in solidifying its presence in the lucrative Asian […]
L’Oréal Launches $475 Infrared Hair Dryer
In a bold move to elevate hair care technology, L’Oréal Professionnel has launched the Airlight Pro, a $475 infrared hair dryer, now available at Ulta Beauty. This device promises to transform the hair drying experience, positioning itself as a premium product aimed at beauty enthusiasts and professionals alike. The Airlight Pro stands out in a […]
Why L’Oréal’s Meteoric Skincare Growth is Coming Back to Earth
In a surprising turn of events, L’Oréal’s once-unstoppable skincare dominance is facing challenges that have left industry analysts and investors concerned. The French beauty conglomerate recently reported its third-quarter sales, revealing a meager growth rate of just 0.8% in its dermatological beauty division, which includes highly popular brands like Cerave and Skinceuticals. This disappointingly low […]