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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Packaging
Beauty’s stackable packaging is making a cool comeback
Although not a new concept, stackable beauty compacts are gaining traction once again, with brands such as Prada Beauty, Jordana Ticia, Nudestix and SimiHaze all investing in the format as a way to deliver more personalisation and play in packaging
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Finance
British Beauty Council’s new Impact of Beauty report outlines social and cultural value of UK beauty
The British Beauty Council’s Impact of Beauty report, produced with Oxford Economics and supported by L’Oréal, reveals how beauty is not a trivial luxury but the ‘beating heart’ of the UK high streets. Council CEO Millie Kendall explains why beauty and wellbeing are so intrinsically linked for Brits in this opinion piece
Ingredients
L'Oréal allegedly explores unloading talc-related liabilities
The beauty giant strongly contests the claims made in approximately 760 pending proceedings related to the alleged presence of asbestos particles in certain talc-containing cosmetic products. According to a new report, L’Oréal has allegedly tapped advisors Weil Gotshal & Manges and investment bank Ducera Partners