News | Latest Breaking News Stories & Headlines

Armani's will instructs to gradually sell fashion brand

The will of late fashion designer Giorgio Armani instructs heirs to sell a 15% stake in the Italian fashion house within 18 months and later transfer an additional 30% to 54.9% to the same buyer between three and five years after his death, according to a copy of the will reviewed by Reuters.

Business • 12 Sep

L'Oreal posts 2.4% rise in second-quarter sales

L'Oreal reported a 2.4% rise in second-quarter sales today, missing forecasts as growth in Europe slowed more than expected and demand at travel outlets in Asia was subdued.

Business • 29 Jul

L'Oreal said the 2.5% rise in fourth-quarter sales was a slowdown from the 3.4% rise in the third quarter, and the slowest quarterly growth since 2020

L'Oreal quarterly sales grow at slowest since Covid

French cosmetics group L'Oreal has reported the slowest quarterly rise in growth since the height of the pandemic, missing expectations, as Chinese demand stayed weak and growth in North America slowed.

Business • 07 Feb

The owner of brands from Maybelline mascara to Lancome face cream said sales for the three months to end-December were 11.08 billion euros.

L'Oreal misses fourth-quarter expectations

French cosmetics group L'Oreal reported a 2.5% rise in fourth-quarter sales today, missing expectations due to persistently weak demand in China and a slowdown in growth in North America.

Business • 06 Feb

The Tombot robotic puppies, as seen at CES 2025, are designed to be emotional support animals

AI-powered beauty mirrors & robot pets among CES gadgets

The first gadget announcements coming out of the CES technology show suggest health and beauty will be one of the key themes of the annual electronics convention in Las Vegas.

Business • 07 Jan

L'Oreal's Barbara Lavernos at CES in Las Vegas

New L'Oreal skin analysis tool can help predict aging

A new analysis tool from skincare giant L'Oreal can give users a breakdown of how their skin is ageing, and which cosmetic ingredients they are more responsive to.

Business • 07 Jan

French cosmetics giant L'Oreal owns the Maybelline and Lancome brands

L'Oreal Q3 sales disappoint as China beauty spend falls

French cosmetics giant L'Oreal has reported a rise in third quarter sales that missed expectations after low consumer confidence in China sapped demand for beauty products.

Business • 23 Oct 24

L'Oreal owns the Maybelline and Lancome brands

L'Oreal 2Q sales rise but depressed China market weighs

French cosmetics giant L'Oreal has reported a 5.3% rise in second-quarter sales, below expectations and likely further rattling investors already worried about the lack of rebound in the important Chinese market.

Business • 31 Jul 24

L'Oreal's quarterly sales beat expectations

L'Oreal has reported a 9.4% rise in first quarter sales on a like-for-like basis, beating expectations and easing concerns about a slowdown in the two biggest beauty markets - the US and China.

Business • 19 Apr 24

The French cosmetics giant reported sales of 11.24 billion euros for the first three months to the end of March.

L'Oreal sales jump 9.4%, beating expectations

L'Oreal reported a 9.4% rise in first quarter sales on a like-for-like basis today, beating expectations and shrugging off concerns about a slowdown in leading beauty market the United States.

Business • 18 Apr 24

L'Oreal expects to launch the first fragrances in 2025 under the agreement with Miu Miu

L'Oreal agrees Miu Miu licence, as Asian sales disappoint

Shares in L'Oreal fell 7.5% in early trading today after the French cosmetics company reported fourth quarter sales growth that fell short of market expectations, reflecting a disappointing performance in Asia.

Business • 09 Feb 24

A range of L'Oreal beauty and skin care products

L'Oreal sales up despite muted recovery in China

L'Oreal has today reported a brisk rise in third quarter sales, lifted by growth in Europe and an acceleration in the US, but missed expectations for a strong rebound in China.

Business • 20 Oct 23

L'Oreal sales recovery picks up pace, helped by China

Lancome maker L'Oreal has posted a further pickup in sales in the first quarter, helped by strong growth in China, and said there were early signs that make-up demand would make a comeback after the Covid-19 pandemic.

Business • 16 Apr 21

L'Oreal said its online revenues jumped 62% in 2020 as a whole

China, online drive rebound in L'Oreal sales

L'Oreal's shares rose this morning after the world's biggest cosmetics group reported higher than expected revenue growth for the fourth quarter.

Business • 12 Feb 21

France's L'Oreal agrees to buy Japanese skincare company Takami

L'Oreal to buy Japanese skincare company Takami

French cosmetics maker L'Oreal said today it has signed an agreement to buy Japanese skincare company Takami.

Business • 23 Dec 20

L'Oreal said its fourth-quarter revenue rose by 11.4% to €7.9 billion

L'Oreal rallies as sales increase offsets China worries

L'Oreal's shares rose today after fourth-quarter earnings from the French cosmetics company helped to offset concerns over the impact of China's coronavirus health crisis on its business.

Business • 07 Feb 20

L'Oreal has been trying to revive its sluggish mass market division

L'Oreal in talks to buy Mugler and Azzaro brands

French luxury goods and cosmetics company L'Oreal has started exclusive talks with Clarins Group about buying the Mugler and Azzaro brands, the company said today.

Business • 02 Jul 19

L'Oreal is processing the paperwork needed to smooth truck deliveries of its products between France and Britain in the event of a hard Brexit

L'Oreal hoards cosmetics in Britain as Brexit looms

France's L'Oreal, whose beauty brands range from Lancome creams to Maybelline make-up, is stocking up cosmetics in Britain as part its preparations for Britain leaving the European Union, its chief executive said.

Business • 25 Jan 19

L'Oreal said sales had risen by a better-than-expected 5.5% in the fourth quarter

L'Oreal shares climb after strong Q4 figures

Shares in French cosmetics group L'Oreal rose today after its fourth quarter sales beat expectations, along with a confident outlook for 2018.

Business • 09 Feb 18

L'Oreal stated the product had not been defective, was of merchantable quality and was fit for intended purpose, which was for use as a lipstick

Boy awarded €12k after reaction to mother's lipstick

A six-year-old boy, who developed an allergic reaction to his mother's lipstick, has been awarded €12,000 damages in the Circuit Civil Court.

Courts • 06 Feb 18

Liliane Bettencourt, whose family founded L'Oreal and still owns the largest stake in the cosmetics giant, has died

Billionaire L'Oreal heiress Bettencourt dies aged 94

French businesswoman and billionaire Liliane Bettencourt, whose family founded L'Oreal and still owns the largest stake in the cosmetics giant, has died aged 94.

Business • 22 Sep 17

The sale of The Body Shop business has attracted a wide range of bidders

L'Oreal enters talks with Natura over selling Body Shop

L'Oreal has started exclusive talks to sell its The Body Shop business to Brazilian make-up company Natura Cosmeticos in a possible €1 billion deal.

Business • 09 Jun 17

The Body Shop's owner, L'Oreal, is mulling over sale of retail chain

L'Oreal considers Body Shop sale

French cosmetics giant L'Oreal is weighing a possible sale of The Body Shop retail chain, it said today as it posted higher sales and profits.

Business • 10 Feb 17

The stamp can be used for a range of applications including cashless payments, hotel room access and event registration.

PCH inks deal to develop skin-worn smart stamp

Cork based company PCH has entered into a partnership with a US firm to produce and sell a skin-worn, ultra-thin, stretchable and disposable stamp which can be used for a range of applications including cashless payments, hotel room access and event registration.

Technology • 12 Apr 16

L'Oreal is the market leader in China's $25 billion skincare sector

L'Oreal to lower imported product prices in China

L'Oreal will reduce prices of most of its imported products in China to boost domestic sales, the French cosmetics giant said today

Business • 26 May 15