L'Oréal Group : Press Releases

Clichy, September 12, 2024 - L’Oréal today announces a tri-party agreement with biotech innovator, Abolis Biotechnologies and global specialty manufacturer, Evonik, to enable the discovery, development and manufacturing of innovative and sustainable ingredients for beauty products and beyond.

Clichy, August 5th, 2024 - L’Oréal today announces the acquisition of a 10% stake in Galderma Group AG from Sunshine SwissCo AG (a consortium led by EQT), Abu Dhabi Investment Authority (ADIA), Auba Investment Pte. Ltd. (all acting in coordination as sellers), for a non-disclosed amount

Clichy, 3 June 2024 – L’Oréal today announces the launch of its fourth Employee Share Ownership Plan, allowing employees to purchase shares in L’Oréal and more closely participate in its development. In 2024, the plan will be rolled out in all countries where it is feasible (63 in total) and features enhanced accessibility for employees recently joining the Groupe.

Clichy, 27 February 2024 – L’Oréal today announced that Asmita Dubey, Chief Digital and Marketing Officer of L’Oréal Groupe, has been named the World Federation of Advertisers (WFA) ‘Global Marketer of the Year’ for 2023, recognizing her as a world-class marketing leader, setting the industry gold standard.

Clichy, 9 February 2024 – L’Oréal Groupe and Prada S.p.A announced today the signature of a worldwide long-term license agreement for the creation, development, and distribution of the luxury beauty products for the Miu Miu brand. Following the successful collaboration with Prada brand, Miu Miu is now joining the L’Oréal Luxe division for a new beauty chapter.

L’Oréal announced today the departure of Alexandra Palt from her role as Chief Corporate Responsibility Officer, effective April 1st, as she embarks on a new chapter focused on personal endeavors.

L'Oréal's historic headquarters since 1938

Clichy, 18th September 2023 – L’Oréal Groupe today announces its official sponsorship of Orient Express Racing Team, the French Challenger for the 37th America’s Cup sailing competition. L’Oréal Groupe and Orient Express also join forces as named sponsors of the French Women and Youth America’s Cup teams, in the first-ever America’s Cup to include an all-female racing category.

Clichy, 14th September 2023 - L’Oréal today announces a number of important moves within the Groupe’s Executive Committee due to take place in Q1 2024, in addition to the creation of the new role of Deputy CEO in Charge of Divisions - L’Oréal China.

Clichy, 30th August 2023 – L’Oréal today announced that it has completed the acquisition of distinctive luxury beauty brand, Aesop, in accordance with the terms announced on 3rd April 2023.