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L’Oréal-owned skincare brand Kiehl’s is leveraging star power and immersive digital technologies for the third edition of its annual ‘Kiehl’s Loves’ campaign, titled ‘Kiehl’s Loves Around the World 2018’. The campaign was officially launched in Hainan last…
Alibaba Group’s Tmall, and L’Oréal China said today they’ll work closely together to find new ways for the beauty group to tap into the Chinese market, leveraging data-driven consumer analytics and a new value chain that better connects consumers, products…
Alibaba Group’s Tmall, and L’Oréal China said today they’ll work closely together to find new ways for the beauty group to tap into the Chinese market, leveraging data-driven consumer analytics and a new value chain that better connects consumers, products…
International health and beauty retailer AS Watson has teamed up with L’Oreal to launch Colorlab by Watsons, a new concept makeup store in China. The first Colorlab launched in Shenzhen early this year as a trial, followed by more openings in Guangzhou and…
Chinese consumers are powering massive sales growth for beauty products giant L’Oreal in Asia Pacific. During the first half of this year, like-for-like sales in the region soared 22 per cent and it is now on the brink of surpassing North America as L’Oreal’s…
L’Oréal China and Alibaba Group signed an agreement committing to using environmentally packaging in order to reduce waste in China. The agreement, which will be rolled out over the next five months, includes a pledge from L’Oréal to switch to FSC-certified…
French retailer Casino Group has teamed with cosmetics company L’Oreal France to launch Le drugstore Parisien, a new retail concept targeting city-dwellers in the heart of Paris. The two companies boldly claim the concept will “revolutionise the beauty and…
French cosmetics giant L’Oréal has completed its takeover of Korean fashion and makeup company Stylenanda just 50 days after it first announced that it would acquire 100 percent of the company. L’Oreal said on June 19 that it will operate Stylenanda…
L’Oréal and Valentino announce the signature of a worldwide long-term license agreement for the creation, development and distribution of fine fragrances and luxury beauty under the Valentino brand. Founded in 1960 in Rome, Maison Valentino holds a unique…
When Style Nanda announced last month that French beauty giant L’Oreal will be snapping up a majority stake, it sent shockwaves across the industry. Sure, the company was doing fabulously well and had created quite a stir with its success, but then it was…
With dynamic markets in China and Hong Kong, Asia has driven L’Oreal first-quarter sales. Asia Pacific also shone among new markets for the French cosmetics company, where sales grew by 14.9 per cent overall. Chairman/CEO Jean-Paul Agon describes the return…
Korean fashion and cosmetics company Nanda has chosen L’Oreal as the preferred bidder for a 70 per cent stake, with the balance of shares staying in the hands of Nanda founder Kim So-hee. The French cosmetics giant is reportedly paying KRW400 billion (US$375…
French cosmetics giant L’Oreal reports “spectacular” growth for last year, particularly in Asia. It had growth acceleration of 5.5 per cent in the fourth quarter with sales exceeding €10 billion (US$12.2 billion) in the ‘new markets’, which include Asia…
L’Oréal’s 2017 sales climbed +2% year-on-year (at constant exchange rates) to €26 billion. Like-for-like sales were up +4.8% and net profit (excluding non-recurring items) increased +2.8% to €3.7 billion. The company noted the “strong potential” of its travel…
Hong Kong’s Affinity Equity Partners has joined a bidding scramble for Korean budget fashion and cosmetics brand Stylenanda. Also in the race are LVMH-backed L Catterton, L’Oreal and Shiseido, with the bid worth up to KW500 billion (US$467 million), insiders…
JD.com profit soared 50 per cent after a 39 per cent increase in sales during the Chinese online retailer’s latest quarter. Its unaudited results for the three months to the end of September show revenue of RMB83.7 billion (US$12.6 billion), with a record…
