Stinging from slowing growth in emerging markets, competition from niche brands and foreign currency woes, cosmetics companies are aiming to tap opportunity in the multicultural beauty market.
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.
L’Oreal SA and Unilever were among 11 companies fined a total of 951.2 million euros ($1.17 billion) by France’s antitrust regulator over allegations of a conspiracy to rig the prices of products.
L’Oreal SA, the world’s largest cosmetics maker, reported third-quarter sales that trailed estimates as demand for Maybelline New York makeup and other consumer products slowed in western Europe.
L’Oreal SA, the world’s largest cosmetics maker, announced on Oct. 20 that it has an agreement to acquire recently reorganised beauty brand Carol’s Daughter through a U.S. unit.
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.
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.
To maintain incentives for the kind of innovation that keeps Europe at the heart of the global fragrance industry, scents should be protected by intellectual property law, argues Kimiya Shams.
PARIS, France — L’Oreal SA, the world’s largest cosmetics maker, agreed to acquire NYX Cosmetics for an undisclosed price, bolstering its makeup offer in North America where its consumer-products unit has faltered.
PARIS, France — L’Oréal SA, the world’s largest cosmetics maker, reported a 2.2 percent drop in first-quarter revenue as unfavorable currency fluctuations and slowing demand in North America weighed on growth.
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PARIS, France — L’Oreal SA, the world’s largest cosmetics company, agreed to buy back 8 percent of its stock for 6 billion euros ($8.2 billion), from Nestle SA.
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.