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L'oreal CEO Says Top Line Growth To Be Significantly Better in Second Half
L'Oreal SA Half Year Sales Fell 11.7% To 13.07 Billion EUR
L'Oreal Expects To Achieve Carbon Neutrality for All Its Sites By 2025
L'Oreal SA is a France-based cosmetics company. The Company owns a wide range of brands organized into four division: Consumer Products, L’Oreal Luxe, Professionals Products and Active Cosmetics. They include L’Oreal Paris, Maybelline New York, Garnier, Lancme, Yves Saint Laurent, Giorgio Armani, Kiehl’s, Krastase, La Roche-Posay and SkinCeuticals, among others. It offers a wide range of products grouped into six business segments: Skincare, Makeup, Haircare, Hair Coloring, Fragrances and Other. Skincare offering includes facial skincare, face cleaners, body care and sun protection products. The Company owns stores and ecommerce websites. It is active globally.
Personal & Household Prods.
41 rue Martre, Clichy Cedex
Chairman of the Board and Chief Executive Officer, Member of the Executive Committee
Deputy Chief Executive Officer for Divisions, Member of the Executive Committee
Vice Chairman of the Board
Vice Chairman of the Board
Chief Financial Officer, Executive Vice President, Member of the Executive Board
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L'Oreal's sales rose in July for the first time since January, Chief Executive Jean-Paul Agon said on Friday, striking a more upbeat tone for the rest of the year with signs of a turnaround in China.
Shares in Maybelline and Lancome maker L'Oreal opened down on Friday after the French beauty group posted a sharper-than-expected fall in second-quarter sales, hurt by lockdowns to fight the coronavirus business.
Sales at Maybelline maker L'Oreal fell more sharply than expected in the second quarter, though the French beauty group managed to contain any major profit erosion as the COVID-19 pandemic forced stores to close.
Revenue at Maybelline maker L'Oreal <OREP.PA> fell sharply in the second quarter even as online sales surged during lockdowns to fight the COVID-19 pandemic, though the French beauty group managed to contain any major erosion of profit margins.
Coty Inc on Thursday named former L'Oreal executive Sue Nabi as chief executive officer, the cosmetics maker's fifth since its multi-billon dollar deal with Procter & Gamble nearly five years ago.
L'Oreal's Chairman and Chief Executive Jean-Paul Agon said on Tuesday he expected the cosmetic group's nominations committee to propose a candidate to succeed him by the autumn as his mandate expires.
L'Oreal <OREP.PA>, the world's biggest cosmetics company, will remove words referencing "white", "fair" and "light" from its skin-evening products, a spokeswoman said on Friday, a day after Unilever <ULVR.L> made a similar announcement in the face of growing social media...
L'Oreal, the world's biggest cosmetics company, has decided to remove words referring to "white", "fair" and "light" from its skin-evening products, a spokeswoman said on Friday.
Purchases of cosmetics are picking up - especially in China - as countries exit coronavirus shutdowns that forced forced hair salons and retailers to close, L'Oreal Chief Executive Jean-Paul Agon said.
Purchases of cosmetics have picked up strongly again, particularly in China, as some countries exit coronavirus shutdowns that forced hair salons and retailers to close, L'Oreal Chief Executive Jean-Paul Agon said.
L'Oreal <OREP.PA> aims to cut out non-recycled plastic packaging by 2030 and bring in greener products like solid shampoo bars under its flagship Garnier brand as it steps up an environmental push, its chief executive said on Thursday.
French cosmetics company L'Oreal said on Tuesday it regretted sacking a black transgender model in 2017 after she described all white people as racist, and offered her a new job helping to shape the firm's diversity policies.
Chanel, Revlon and L'Oreal, three of the biggest brands in cosmetics, are quietly moving away from using talc in some products as U.S. cancer lawsuits and consumer concerns mount.
Cosmetics group L'Oreal said on Tuesday its board had decided to give up on a planned 10.4% dividend increase due to the coronavirus crisis and stick instead to the same payout per share of 3.80 euros it made in 2019.
Comestics group L'Oreal said on Tuesday it was launching a 150 million euros ($162.99 million) programme of climate change initiatives and financial aid to support vulnerable women hit hard during the coronavirus pandemic.
* ANNOUNCES CREATION OF L'ORÉAL FOR THE FUTURE PROGRAMME : EUR 150 MILLION DEDICATED TO SUPPORT VULNERABLE WOMEN AND ENVIRONMENTAL EMERGENCIES
Unilever Plc <ULVR.L>, L'Oreal SA <OREP.PA> and Estee Lauder Companies Inc <EL.N> are among firms vying to buy British makeup brand Charlotte Tilbury Beauty Ltd, Bloomberg reported https://www.bloomberg.com/news/articles/2020-04-28/unilever-puig-vie-with-makeup-giants-to-buy-charlotte-tilbury...
Corona Capital is a daily column updated throughout the day by Breakingviews columnists around the world with short, sharp pandemic-related insights.
* L'OREAL CEO SAYS ITS BOARD WILL MEET IN MAY TO DECIDE ON WHAT DO TO WITH DIVIDEND PAYMENTS
Maybelline make-up manufacturer L'Oreal said on Thursday it was counting on a quick recovery in cosmetics demand once global lockdowns to combat the coronavirus pandemic ease, pointing to a recovery already under way in China.
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