|Bid||0.00 x 0|
|Ask||0.00 x 0|
|Day's Range||0.00 - 0.00|
|52 Week Range|
|PE Ratio (TTM)||28.07|
|Forward Dividend & Yield||0.87 (1.96%)|
|1y Target Est||41.68|
L'Oreal is flexing its digital muscle with its most recent acquisition, Canadian company ModiFace, a creator of Artificial Intelligence and Augmented Reality technologies for the beauty industry.
L’Oreal SA is set to acquire the Canadian beauty tech company ModiFace, gaining tools for customers to test make-up and lipstick online.
For the cosmetics giant, the move was designed to reflect a culture that encouraged learning, innovation and sustainability.
Nestle said that an impairment charge pressured 2017 net profit and that it would keep its options open regarding its L’Oreal stake.
Nestle SA opened the door to a possible sale of its L’Oreal SA stake in a move that would give Chief Executive Officer Mark Schneider ammunition to sharpen the Swiss giant’s portfolio after the weakest ...
L'Oreal (OREP.PA) on Friday underscored its readiness to buy Nestle's (NESN.S) 23 percent stake in the world's biggest cosmetics firm were its Swiss shareholder to sell, saying it had access to cash and funding at its disposal. L'Oreal said it could finance a purchase of the holding, now worth around 22.3 billion euros (19.64 billion pounds), with cash, by selling its stake in French drugmaker group Sanofi (SASY.PA) or through borrowing if needed. "If Nestle one day wants to sell, we are ready," Chairman and Chief Executive Jean-Paul Agon told a news conference, after L'Oreal released slightly better-than-expected fourth-quarter earnings.
Strong demand in Asia for L'Oreal's (OREP.PA) luxury cosmetics like Lancome fuelled sales growth in the fourth quarter, as the world's biggest beauty products maker faces more muted appetite for its mass market labels, especially in the United States. L'Oreal and major rivals like U.S.-based Estee Lauder (EL.N) are reaping the benefits even though the French firm makes most of its money from its lower-end consumer products, like Garnier shampoo and Essie nail varnish. L'Oreal's mass market business grew three percent in the fourth quarter, year-on-year, crimped by a tough U.S. market but up slightly from the third quarter.
Jean-Paul Agon, who has been CEO of the cosmetics giant since 2006, discusses embracing technology and what lies ahead.
L’Oreal SA, founded more than a century ago by a French chemist who formulated safer, more natural-looking hair dyes, is releasing its first fully plant-based coloring as consumers’ definition of naturalness ...
The French cosmetics giant beat sales expectations, boosted by strong growth in high-end brands and the success of its digital sales platforms.
L'Oreal (OREP.PA), the world's biggest cosmetics company wants to see more beauty tech like sensory hair brushes that tell you how to care for your hair, and skin patches that let you know how much sun you are getting. L'Oreal makes an ever greater slice of sales online and has rolled out services and items for tech-savvy consumers, such as a phone app for virtual make-up tests. The French group said it was looking to develop more inventions at a site for start-up companies in Paris, where 10 to 12 firms will work on projects with L'Oreal every year.
L'Oreal (OREP.PA) said on Thursday it would appeal a 2.6 million euro ($3 million) fine imposed by Greece's competition authority, which ruled that the French cosmetics company and several of its rivals were fixing prices. The local beauty products business of France's Christian Dior - part of luxury goods group LVMH (LVMH.PA) - was also fined just under 1.8 million euros, while U.S.-based Estee Lauder (EL.N) got the biggest fine, at 5.4 million euros. Three Greek companies were included in the six.
L'Oreal (OREP.PA) said on Thursday it would appeal a 2.6 million euro (2.32 million pounds) fine imposed by Greece's competition authority, which ruled that the French cosmetics company and several of its rivals were fixing prices. The local beauty products business of France's Christian Dior - part of luxury goods group LVMH (LVMH.PA) - was also fined just under 1.8 million euros, while U.S.-based Estee Lauder (EL.N) got the biggest fine, at 5.4 million euros. Three Greek companies were included in the six.
The death this week of L’Oreal SA’s founding family matriarch is putting the spotlight on a reclusive 64-year-old heiress who now finds herself as the richest woman in the world.
Liliane Bettencourt, the world's richest woman and heiress to the conglomerate giant L'Oreal SA (ADR) (OTC: LRLCY ), passed away Thursday at the age of 94. This raises the question of what will come next ...
The death of billionaire Liliane Bettencourt focused attention on Friday on how L'Oreal's founding family and major shareholder Nestle (NESN.S) would manage their stakes in the world's biggest cosmetics firm. Bettencourt, listed by Forbes as the world's richest woman and heiress to the company started by her father, died at the age of 94, relatives said late on Thursday. Bettencourt's family owns 33 percent of L'Oreal.
Feb.09 -- L’Oreal Chief Executive Officer Jean-Paul Agon says the company would "probably" sell its holding in Sanofi to finance a deal to buy Nestle's 23 percent stake in L'Oreal. He speaks with Bloomberg’s Caroline Connan at the company’s headquarters in Clichy, outside Paris.
Dec.07 -- Jean-Paul Agon, chief executive officer at L'Oreal, discusses the company's relationship with Nestle and overall outlook for L'Oreal. He speaks with Bloomberg's Francine Lacqua.
China's middle class brings "phenomenal" growth potential for L'Oréal and the country's cosmetic sector, says Stephane Rinderknech, CEO of L'Oréal China.