L'Oréal Group : Press Releases

Clichy, 23 May 2022 – The L’Oréal group, the world’s leading beauty player, announces today the launch of the L’Oréal BOLD FEMALE FOUNDERS initiative designed to support female-led startups. It will be developed by its venture capital fund, BOLD Business Opportunities for L’Oréal Development, through a dedicated 50 million euros investment.

UVMune 400 is L’Oréal first sun filtering technology, its biggest suncare innovation in 30 years to effectively protect the skin against ultra-long UVA rays, the 30% of solar rays that have so far been insufficiently filtered. With this major scientific breakthrough, L'Oréal helps preventing sun-induced deep skin damages, which is a major public health issue. UVMune 400 is now available in La Roche-Posay Anthelios franchise, the first brand of the Group to use this powerful technology.

L’Oréal’s corporate venture capital fund BOLD (Business Opportunities for L’Oréal Development) announces a minority investment in Japanese beauty startup SPARTY, Inc. This investment in SPARTY marks the first venture capital investment by L’Oréal in Japan.

L'Oréal announces the launch of a third employee share ownership plan

Acknowledging the increasing pressure on natural resources and the urgent need to scale-up circular economy solutions, L’Oréal announces on Earth Day the creation of the Circular Innovation Fund.

On the occasion of International Fragrance Day, L'Oréal, the beauty and fragrance world leader, and EMOTIV, the leading neurotechnology company, announced today a strategic partnership in beauty, to help consumers make accurate and personalised choices around their fragrance desires. The partnership which combines an Emotiv neurotech device with proprietary scents and algorithms by L’Oréal.

David Greenberg has been appointed CEO of L'Oréal USA, President of North America Zone, and member of L'Oréal Executive Committee, effective immediately. David succeeds Stéphane Rinderknech, who has decided to continue his career outside of the Group.

L’Oréal pays tribute to the creative genius of a true visionary without whom the fashion and beauty world would not have been the same.

For the 5th consecutive year, L'Oréal Group was recognized by Bloomberg Gender-Equality Index 2022 for having successfully created an inclusive and equal work environment. This reference index measures gender equality across five pillars: female leadership & talent pipeline, equal pay & gender pay parity, inclusive culture, anti-sexual harassment policies, as well as pro-women brand.

L'Oréal, the world leader in beauty, and Verily, an Alphabet precision health company, announced today a strategic partnership, exclusive in beauty, to advance skin health. The first-of-its-kind partnership in the beauty industry is expected to entail two programs aimed to better understand and characterize skin and hair aging mechanisms and to inform L’Oréal’s precision beauty tech strategy and product development.