The global fragrance market is currently growing at around 5-6%, slower than the double-digit growth rates seen in previous years, while becoming increasingly polarised between affordable products and high-end perfumes, L’Oréal Chief Financial Officer Christophe Babule said at a Barclays Continue Reading
L’Oréal has acquired a majority stake in British skincare brand Medik8, reinforcing its commitment to the rapidly growing dermocosmetics segment. The move marks a strategic return to high-impact beauty mergers and acquisitions, following a relatively quiet period in the sector. While the financial terms remain undisclosed, the deal includes private equity firm Inflexion Continue Reading
L’Oréal Group has announced a significant leadership change at its flagship luxury beauty brand Lancôme. After more than a decade at the helm, Françoise Lehmann will step down as Global Brand President. Lehmann’s tenure since 2013 has been marked by notable brand evolution, including the launch of bestselling products like the Absolue Longevity Cream and […]Continue Reading












