L'Oréal Group : Press Releases

L'Oréal has been recognized by Fast Company in the publication's fifth annual Best Workplaces for Innovators list, honoring organizations and businesses that demonstrate an inspiring commitment to encourage and develop innovation at all levels. L’Oréal ranked amongst the coveted list of top 100 Best Workplaces for Innovators, was named a winner in the Diverse Innovations category, and placed as a finalist in the Science & Technology category, as well as the Social Good category.

Clichy, 16 June 2023 - L'Oréal today announced that Groupe CEO Nicolas Hieronimus has been inaugurated into the Fragrance Foundation Hall of Fame, celebrating a distinguished career that has elevated fine fragrance-making at L’Oréal and expanded global access to luxury fragrances. The Fragrance Foundation honored Nicolas Hieronimus during its annual industry awards ceremony in New York City, with actress Cate Blanchett presenting the distinction.

L’Oréal announced today that it has signed an agreement with Natura &Co to acquire Aēsop, the Australian luxury beauty brand. The proposed transaction values Aēsop at an enterprise value of USD 2.525 billion. Created in 1987, Aēsop is world widely renowned for its skin, hair and body products. With its signature amber packaging, plant-based ingredients, sustainable vegan formulations, and its bespoke customer service, Aēsop has evolved into a global super brand available across luxury retail, beauty, and hospitality locations around the world.

L’Oréal today at CES® 2023 unveiled two new technology prototypes that expand access to beauty expression: HAPTA, the first handheld, ultra-precise computerized makeup applicator designed to advance the beauty needs of people with limited hand and arm mobility; and L’Oréal Brow Magic, the first at-home electronic eyebrow makeup applicator that provides users with customized brow looks in seconds.

L’Oréal has been recognized for its leadership in corporate transparency and environmental performances, for tackling climate change as well as acting to protect forests and water security, by global environmental non-profit CDP, securing a place on its annual ‘A List’.

L’Oréal and the French biotech, Microphyt, announce a strategic partnership in which L’Oréal’s venture capital fund, BOLD (Business Opportunities for L’Oréal Development), acquires a minority stake in Microphyt.

L’Oréal announces a new, multi-brand beauty partnership with Ready Player Me, the leading cross-game avatar platform for the metaverse. Two of the Group’s leading brands, Maybelline New York and L’Oréal Professionnel premier exclusive makeup and hair styles for avatar creation on Ready Player Me that can be used on more than 4,000 platforms and apps worldwide.

L’Oréal today announced that Colorsonic earned the designation as one of the TIME 2022 Best Inventions. The lightweight, handheld device uses an innovative, mess-free process to mix hair color and apply it evenly, delivering consistent hair color results for consumers at home. It will be honored in the beauty tech category.

For the second year in a row, L'Oréal took the 5th place in the Universum global ranking of business students’ favorite companies, thereby positioning the Group as the n°1 European company.

In today’s world, youth unemployment represents a mounting global concern. 46% of Gen Z are waiting for companies to help them develop their skills, and just 39% feel prepared for the future. The most important and concrete way students expect employers to support them is by providing them with knowledge, courses and training.