L’Oréal Makes Strategic Investment in Biotech Firm
L’Oréal’s venture capital fund Bold has invested in San Diego-based biotech firm Debut. The funding is aimed at helping the company scale its manufacturing platform
L’Oréal’s venture capital fund Bold has invested in San Diego-based biotech firm Debut. The funding is aimed at helping the company scale its manufacturing platform
Beauty giant L’Oréal is being urged to remove its hair-straightening products from the market after recent studies found that such products contain carcinogens. Many of
Cosmetics giant L’Oréal is continuing to ride the surge in demand for makeup, recording a 13% increase in Q1 sales. The company’s sales for the
L’Oréal has agreed to acquire Aesop from Brazilian firm Natura & Co. in a deal valued at $2.5 billion. The deal marks the most significant
L’Oréal has revealed plans to acquire skincare startup Skinbetter Science, which supplies products directly to cosmetic surgeons and dermatologists, for an undisclosed amount. Skinbetter Science
L’Oréal has reached carbon neutral in the North Asian market — a milestone for the company, which has set a goal of turning all of
Consumer packaged goods (CPG) giant, Nestle, is reducing its stake in L’Oreal to 20.1% by selling shares worth $10 billion. The company’s stake in the
In an effort to develop more eco-friendly products, L’Oréal is embracing a “green sciences” approach to research and innovation. The beauty conglomerate is working toward
As the skincare category continues to sore through the pandemic, the beauty industry’s most prominent players are looking to science and data to make more
L’Oréal’s U.S. division plans to lay off as many as 400 employees and shutter stores as it seeks to restructure its business in response to