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NICOLAS HIERONIMUS
L’Oréal buys control of Innovist as India beauty battle intensifiesL'Oréal SA is acquiring a majority stake in Indian beauty startup Innovist. This move strengthens L'Oréal's position in India's rapidly exp...- L'Oreal in talks for majority stake in Innovist; deal pegged at Rs 4,000 crThe move indicates a shift among global beauty firms toward acquiring fast-growing digital-first brands to stay relevant with younger consu...
- L'Oreal CEO not satisfied with its India growth, revised strategic plan in placeL'Oreal expresses dissatisfaction with its Indian market performance. Despite growth, market share has not increased. A new strategy and le...
- L'Oreal share price crashes, cosmetics giant's sales misses forecast big time. Key factors that are causing trouble for luxury brandsL'Oreal's share price was down 3.2 per cent in morning trading, partly recovering from a drop of more than six per cent at the open.
- L’Oréal to set up first global tech hub in Hyderabad; plans Rs 3,500 crore investment, 2,000 jobs by 2030L’Oréal Hyderabad tech hub: The Hyderabad facility will be the company’s first dedicated Beauty Tech hub globally. It will support the deve...
- In the beauty game, quick commerce's serving all the looksQuick commerce is reshaping India’s beauty market, with skincare and makeup now bought on impulse and delivered in minutes rather than plan...
- L'Oréal buys second Chinese skincare stake as C-Beauty brands snare market shareThe investment in Lan comes after L'Oreal paid 442 million yuan ($62 million) for a 6.67% stake in Chando, as disclosed by the Shanghai-bas...
- L'Oreal to raise its India stakes with a large GCCL'Oreal, the global beauty giant, is setting up a major technology and operations hub in Hyderabad. This new center will spearhead global i...
- Unilever & L'Oreal report strong growth from India's quick commerce, traditional online channelsUnilever and L'Oreal are experiencing significant sales increases on online platforms. India is a standout market, with hyper-local deliver...
- L'Oreal eyeing stake in Armani after acquiring Kering's beauty armFrench cosmetics giant L'Oreal is eyeing a stake in Italian luxury brand Armani. This interest follows the late founder Giorgio Armani's wi...
- Titan’s CaratLane to open over 40 new stores as demand rises for low-carat jewellery among young IndiansCaratLane, buoyed by the increasing popularity of lower-carat jewellery among younger Indians, aims to surpass its previous year's revenue ...
- Piyush Goyal discusses opportunities in Indian shipping sector with SingaporeCommerce and Industry Minister Piyush Goyal met with Singapore's Deputy Prime Minister Gan Kim Yong in Paris to discuss strengthening econo...
- L'Oreal to more than double India business: CEO Nicolas HieronimusL'Oreal's CEO, Nicolas Hieronimus, announced ambitious plans to significantly expand the company's presence in India. The company aims to m...
- L’Oreal to more than double India business in next few years, says global CEOL'Oreal aims to significantly expand its Indian operations. The company intends to double its business within a few years. Factory expansio...
- Stars are perfectly aligned in India, with stable politics and a dynamic economy, says L'OréalL'Oréal's global CEO, Nicolas Hieronimus, observes a generational shift in India's beauty preferences, with younger consumers prioritizing ...
- L'Oreal third quarter sales disappoint as China spends less on beautyL'Oreal reported a weaker-than-expected rise in third-quarter sales, impacted by reduced consumer confidence in China. Sales in North Asia ...
- L'Oreal to buy 10% stake in Swiss skincare firm GaldermaL'Oreal will acquire a 10% stake in Swiss skin care firm Galderma from a group of major shareholders, the two companies said on Monday, as ...
- L'Oreal buys luxury brand Aesop from Brazil's Natura for $2.5 blnThe deal, L'Oreal's largest ever brand acquisition according to Dealogic data, expands the firm's presence in the luxury cosmetics market, ...
- India is rapidly growing into a beauty epicenter of the world: L'Oréal global CEO"From a €500 million business today, I think we can take it to €1 billion in the next foreseeable future. So very excited about India," Nic...
- The many shades of blue: Women opt for brighter & bolder colours of hair dye for post-crisis makeoversCosmetics brands were hit by shop closures & consumers shunning make-up during the lockdown.
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