
L'Oreal will gradually replace "white" or "fair" with "glow" or "even" for some products designed to help even out skin tones, the cosmetic group's chief executive said on Tuesday.
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L'Oreal will gradually replace "white" or "fair" with "glow" or "even" for some products designed to help even out skin tones, the cosmetic group's chief executive said on Tuesday.
L'Oreal 's Chairman and Chief Executive Jean-Paul Agon said on Tuesday he expected the cosmetic group's nominations committee to propose a candidate to succeed him by the autumn as his mandate expires.
Purchases of cosmetics have picked up strongly again, particularly in China, as some countries exit coronavirus shutdowns that forced hair salons and retailers to close, L'Oreal Chief Executive Jean-Paul Agon said.
L'Oreal aims to cut out non-recycled plastic packaging by 2030 and bring in greener products like solid shampoo bars under its flagship Garnier brand as it steps up an environmental push, it said on Thursday.
The luxury industry is assessing the first effects of the relaxation of lockdown regulations in China. Most shops have been reopened since around a month and a different market appears to be emerging after the crisis.
L’Oreal said it is counting on consumers rushing back to hair salons to help its business recover quickly once European and U.S. Covid-19 lockdowns are lifted, adding that beauty sales were bouncing back in China.
Luxury groups like Chanel, Hermès, L’Oréal, Tod’s and OTB are all engaged in the war against Covid-19, with financial initiatives designed to protect their employees in the midst of the crisis.
The French cosmetics giant has announced “a solidarity plan to support all those involved in the fight against coronavirus,” designed to help health carers, food industry professionals and vulnerable individuals.
L'Oréal CEO Jean-Paul Agon will step down from the role he has held since 2006 in summer 2021. The company plans to replace him via an internal recruitment procedure.
Maybelline maker L’Oreal said on Thursday China’s coronavirus health crisis would have a short-term hit on its sales in the country and across Asian airports, after a period of booming business in the region.