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L'Oréal news and archive

An analysis of Kering Beauté's refocusing strategy and sale to L’Oréal

Far from a hasty analysis, the sale of Kering's beauty division to L’Oréal for approximately four billion euros is more than a simple divestment. It is a decisive move, driven by an undeniable logic of debt reduction and refocusing. FashionUnited breaks down the five operational reasons behind this major transaction. “So, Kering selling its ‘...

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What impact will the sale of Kering's beauty division have on Armani?

The sale of Kering's beauty division to L'Oréal has called into question the potential acquisition of a stake in the Armani Group by the French beauty giant. Concern as to the future of L'Oréal's relationship with Armani has been raised by the media, which has speculated whether the brand's heirs may be forced to seek a different future home for...

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Kering shares jump on sale of beauty division to L'Oreal

The share price of Kering, the French luxury group that owns Gucci and other brands, jumped sharply Monday after it announced the $4.6 billion sale of its beauty products division to L'Oreal. Its shares soared more than five percent at the opening of Paris trading, following its announcement Sunday of the deal that would also give L'Oreal...

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Kering sells its beauty division to L'Oréal to boost recovery

French luxury group Kering, which has been struggling for several years, is selling its beauty division to fellow French company L'Oréal for four billion euros. This move is expected to help reduce its debt and continue its recovery. The news was first reported on Saturday by the Wall Street Journal. Kering is selling its beauty division,...

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Armani explores minority stake sale

The latest collection designed by Giorgio Armani was presented in Milan less than one week ago. The management has now reportedly contacted potential buyers for the sale of a minority stake in the fashion group. This was reported by the Reuters news agency, which cited three sources familiar with the situation. The move has initiated a de facto...

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L'Oréal launches 2025 employee share ownership plan

L’Oréal has launched its fifth annual global employee share ownership plan, offering employees an opportunity to purchase company shares under specific terms. This 2025 initiative allows for employee participation in shareholding. Available in 62 countries where permitted by local regulations, the 2025 plan offers up to 300,000 shares, an...

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L'Oréal eyes Medik8 for one billion euros

French beauty giant L’Oréal is reportedly poised to acquire cosmetics brand Medik8 for one billion euros, the Financial Times reported on Wednesday. Specialising in ‘anti-ageing’ skincare, Medik8 would sit within L’Oréal’s dermatological beauty section alongside brands like La Roche-Posay and Vichy, which saw its revenue increase by 3.5 percent...

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L’Oréal appoints first-ever chief innovation and prospective officer

Beauty company L’Oréal has appointed Delphine Viguier-Hovasse to the newly created position of chief innovation and prospective officer to strengthen the group’s innovation leadership. Viguier-Hovasse, a trained engineer, joined L’Oréal back in 1997 and currently serves as global brand president of L’Oréal Paris. She will take up her new role on...

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L’Oréal invests in Jacquemus as brand enters ‘beauty chapter’

Cosmetics giant L’Oréal Group has made a minority investment in Jacquemus as the French luxury brand prepares to enter its “beauty chapter”. The long-term, exclusive beauty partnership intends to support Jacquemus’ independent development, while seeing it join L’Oréal Luxe, the group’s luxury beauty division. In a release, eponymous founder,...

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IBM and L’Oréal partner to leverage AI to advance sustainability

Global beauty company L’Oréal is collaborating with IBM to leverage the technology giant’s generative artificial intelligence (GenAI) to advance the creation of sustainable cosmetics. In a statement, the two companies said they will work together to build the first AI model that will uncover “new insights in cosmetic formulation data,...

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Fashion |Beauty

L’Oreal unveils skin analysis tool at CES 2025

Beauty giant L’Oreal has unveiled a new personalised skin analysis tool at the annual CES tech showcase in Las Vegas, US, which enables consumers to understand their skin’s ageing trajectory in just five minutes. The L’Oréal Cell BioPrint, created in partnership with Korean startup NanoEnTek, is a portable lab-on-a-chip device, which uses...

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L’Oréal snaps up Korean skincare brand, Dr.G

Beauty conglomerate L’Oréal has acquired a subsidiary of Swiss retail group Migros, which includes Korean skincare brand, Dr.G. The deal involves all assets under Migros’ Gowoonsesang Cosmetics Co, Ltd. subsidiary, and will see Dr.G ultimately added to L’Oréal Groupe’s Consumer Products Division (CPD). This category intends to meet the rising...