L’Oréal shares fell on Wednesday after second quarter and half year results revealed that demand for make-up brands slowed in North America.
L’Oréal shares fall as America's make-up gold rush dries up
The French cosmetics giant reported its strongest first half sales in more than a decade thanks to luxury brands in the Asia Pacific market
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L’Oréal finalises ‘significant’ €4 billion acquisition of Kering Beauté
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L’Oréal finalises ‘significant’ €4 billion acquisition of Kering Beauté
The French beauty giant has completed its deal to acquire Kering’s beauty division after securing approval from competition authorities, which includes exclusive 50-year beauty and fragrance licences for Bottega Veneta and Balenciaga
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Analysis: Are we entering a new era of beauty megacorporations?
From L’Oréal acquiring Kering’s entire beauty division, to the potential merger between Estée Lauder Companies and Puig, are we entering a new era of beauty megacorporations? And is this concentration of beauty giants good or bad?
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