L’Oreal – The paper fuel business magazine uk

16Feb

L’Oréal Eyes Early Gucci Beauty Licence Takeover Before 2028

L'Oreal would welcome gaining access to the Gucci beauty licence earlier than 2028, CEO Nicolas Hieronimus said on Friday, adding that the issue was being discussed between Gucci-owner Kering and…

15Feb

L’Oréal Shares Seen 5–7% Lower After Q4 Sales Miss

Traders called L'Oreal shares to open between 5% and 7% lower on Friday, after the French beauty major's fourth-quarter sales slightly missed analysts' forecasts. The Paris-based owner of Maybelline, whose…

21Jan

L’Oréal to invest $383 million in Indian beauty tech hub

French cosmetics giant L’Oréal said on Wednesday it will set up a beauty tech hub in the south Indian city of Hyderabad with an initial investment of over 35 billion…

27Dec

Nestlé Sees L’Oréal Stake as Financial Investment, CEO Says

Nestle views its stake in L'Oreal as a financial investment, and while it is regularly reviewed, there is nothing new to report on the matter, Nestle CEO Philipp Navratil was…

08Dec

L’Oreal to increase stake in skin care firm Galderma to 20%

L'Oreal will double its stake in Swiss skin care firm Galderma to 20%, it said on Monday, potentially earning the French company a bigger cut of profits from the booming…