L’Oréal Profit Matches Estimates as Consumer Unit Sales Rebound

L'Oréal Headquarters in Clichy, France | Source: L'Oréal

L’Oreal SA reported 2014 earnings that matched analysts’ estimates as buying back its own shares from Nestle SA and a stronger dollar helped compensate for the weakest like-for-like revenue growth in five years.

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L’Oreal Sales Growth Curbed by Sluggish U.S. Demand

Makeup applied on a model | Source: Shutterstock

NEW YORK, United States — L’Oreal SA, the world’s largest cosmetics company, reported second-quarter sales that missed analysts’ estimates as demand for Maybelline New York makeup and other consumer products remained sluggish in the U.S.

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L’Oreal Chairman Dons Lipstick to Highlight Digital Push

L'Oreal's Makeup Genius app | Source: L'Oreal

PARIS, France — When Jean-Paul Agon put on makeup at a L’Oreal SA board meeting last month, the biggest surprise wasn’t how the French company’s chairman looked in its lipstick, blush and eyeshadow. It was how easy it was to take it off.

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The China Edit | Krizia Sold, Luxury Booms Online, Accessible Trumps High-End, Men Drive Beauty Sales

Angela Lindvall for Krizia 1997 campaign by Paolo Roversi | Source: Tumblr

The China Edit is a weekly curation of the most important fashion business news and analysis from and about the world’s largest luxury market.

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Nestle Said to Explore Ways to Reduce $30 Billion L’Oreal Stake

Doutzen Kroes for L'Oréal | Source: L'Oréal

PARIS, France — Nestle SA is exploring ways to reduce its $30 billion stake in L’Oreal SA and has signaled its intentions to the world’s largest cosmetics maker’s management, people with knowledge of the matter said.

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