Loreal

Unilever and L'Oréal, in their earnings calls for the September quarter, reported a doubling of their sales, helped by hyper-local delivery platforms that are growing rapidly in the country

Kering sells beauty division to L'Oreal for $4.6 bn and says the companies will collaborate on wellness products

Under the deal, French beauty giant L'Oreal will acquire Kering's fragrance line Creed, as well as rights to develop fragrance and beauty products under Kering's fashion labels Gucci, Bottega Veneta and Balenciaga under a 50-year exclusive license

We intend to more than double our business in India in next couple of years: L'Oreal CEO

L'Oreal CEO Nicolas Hieronimus also said India is a key strategic market for them and it is one of the world's fastest-growing beauty markets

L’Oreal to use IBM’s AI technology to design eco-friendly beauty products

Loreal has also shared plans to use IBM’s AI system to ensure that its products are inclusive, personalised and meet sustainability standards.

Vismay Sharma reveals how he worked at L’Oreal for over 30 years: 'My success comes from...'

Vismay Sharma added that while turnover, profitability and market share are important concerns for any organisation, the real motivator for him is seeing the value in his day-to-day work with L'oreal.

Morning Scan: All the big stories to get you started for the day

A round-up of top newspaper stories to keep you ahead of others.

Global beauty giants turn their gaze to India's booming hair and skin market

Unilever intends to increase its involvement in the Indian beauty and personal care market, the company said on June 6. This move will drive competition for the domestic brands as India becomes a hotspot in the hair and skin segment.

Four women sue L’Oréal and others alleging hair products caused cancer: ‘Painful, painful condition’

These lawsuits were filed after a study emerged last month linking hair-straightening products to increased risk of uterine cancer.

Woman sues L'Oreal claiming hair products caused cancer

An American woman has said she used L’Oreal’s hair-straightening products for more than two decades, then was struck with uterine cancer.

L'Oreal posts brisk sales rise despite disruptions in China

Nicolas Hieronimus, chief executive officer of L'Oreal, said all markets progressed in the period, although lockdowns weighed heavily on the company's largest division , L'Oreal Luxe, in the key Chinese market.

Colorbar, IBM and Oppo among most-loved brands in India: Report

Consumer intelligence company Talkwalker has released a list of the top 10 most-loved brands in India in collaboration with Hootsuite

L’Oréal India hires Gaurav Anand as chief digital and marketing officer

Anand joins L’Oréal from PepsiCo Europe, where he led the snacks business for central Europe and digitization of sales strategy for Europe.

China regulator says livestreaming sales stars should speak Mandarin, dress well

China's Ministry of Commerce on Wednesday published more detailed guidelines and for the first time mentioned a preferred language.

L'Oreal elevates four executives from India management team to leadership roles in SAPMENA zone

As part of the changes, the role of Aalok Oke, who is the Director of India Operations, has been expanded to Deputy Director – Operations, SAPMENA region, the company said in a statement.

As skin care takes precedence, beauty brands struggle to sell face cosmetics

With health and hygiene products taking priority, and people largely staying home or wearing masks when they venture out, facial products have remained unused. Consumers aren’t buying more, for now, and this has hit the facial cosmetics segment of the beauty industry hard, with one top brand saying it has seen sales of such products plunge 90 percent

After HUL, L'Oreal to drop words white, light, fair from its 'skin-evening' products

Unilever and L’Oreal are two big players in the global market for skin whitening creams used in many Asian, African and Caribbean countries where fair skin is often considered desirable.

L’Oréal to use 100% recycled plastic for packaging by end of 2020

Since 2005, the Group has reduced the CO2 emissions of its plants and distribution centers by 78 percent in absolute terms, exceeding its initial target of 60% by 2020

L'Oréal donates 60,000 litres of hand sanitisers to aid coronavirus fight

In addition, the company is also planning to collaborate with primary healthcare centres around its manufacturing facilities in Baddi in Himachal Pradesh and Chakan in Maharashtra to provide personal protective equipment (PPE) to their medical personnel, a statement said.

L’Oreal arm invests in local VC fund Fireside

Fireside Ventures was launched in 2017 to nurture local consumer brands and the undisclosed amount of investment has been made into Fireside fund II.

L'Oreal looking for acquisitions in the Indian cosmetics market: Report

L'Oreal hopes to widen its product range and collaborate with local companies that sell unique products.

L’Oréal India wins judgment on counterfeit against Shopclues

“Counterfeits is a serious issue faced by the beauty industry in India across online and offline platforms. This verdict will help us fortify our fight against online counterfeiting rampant on such marketplaces”, said Amit Jain, Managing Director, L’Oréal India.

A look at L'Oreal India's first Indian chief Amit Jain's career

Jean-Christophe Letellier, the current MD of L'Oreal India’s operations, is being promoted and given a larger role in the L’Oreal Groupe in Europe.

L'Oreal ropes in Amit Jain to head India operations

Jain is going to be the first Indian to head India operations, L'Oreal said in a statement.

Nestle CEO doesn't rule out larger buys in health ops: Manager Magazin

The company is on track to meet its 2-to-4 percent sales growth target and wants to grow in a medium single-digit range from 2020 in organic terms, Schneider said in an interview published on ThursdayThe company is on track to meet its 2-to-4 percent sales growth target and wants to grow in a medium single-digit range from 2020 in organic terms, Schneider said in an interview published on Thursday.

L'Oreal, Founders Factory to invest in 5 cosmetics start-up cos

In 2012, L'Oreal set up an internal start-up unit in Silicon Valley and in May last year it invested in Founders Factory, a digital incubator, co-founded by Brent Hoberman, former chief executive and co-founder of lastminute.com.