L'Oréal showcased innovative beauty devices at CES 2026, including a flexible, transparent LED face and eye masks with advanced microcircuits for targeted light therapy, and a new infrared hair straightener called Light Straight that promises faster, healthier styling with lower temperatures. These products highlight the company's focus on health-conscious, high-tech beauty solutions, with the masks expected to launch in 2027 as premium offerings.
Kering is selling its beauty division to L’Oreal for €4 billion as part of a strategic move to boost growth and address challenges like declining Chinese demand and high debt, marking the first major step under CEO Luca de Meo.
Kering and L’Oréal have announced a strategic partnership involving the acquisition of Creed by L’Oréal, licensing agreements for Gucci, Bottega Veneta, and Balenciaga, and a joint venture exploring wellness and longevity, valued at €4 billion, to enhance growth and innovation in luxury beauty and wellness sectors.
Kering is close to selling its beauty division, including fragrance brand Creed and rights to develop products for its fashion labels, to L'Oreal for around $4 billion, as part of its strategy to reduce debt and revitalize sales amid challenging market conditions.
Kering is nearing a $4 billion sale of its beauty division, including the fragrance brand Creed and rights to develop products for fashion labels like Gucci and Balenciaga, to L'Oreal, as part of its strategy to reduce debt and revitalize sales under new CEO Luca De Meo.
Following Giorgio Armani's death, major luxury companies like LVMH, L’Oréal, and EssilorLuxottica have expressed interest in acquiring his fashion group, with potential stakes to be sold over the next few years. Armani's will designates the Armani Foundation to oversee the company's future, emphasizing brand continuity, strategic growth, and cautious diversification, while maintaining control within the family and key partners like Leo Dell'Orco.
Giorgio Armani has identified LVMH and L’Oréal as among the preferred buyers for his fashion empire, highlighting potential strategic moves or sales interests in the luxury fashion industry.
The L'Oréal Colorsonic is a high-tech hair dyeing device designed to simplify the process of coloring hair at home. Priced at $124.99, it uses refillable cartridges and oscillating bristles to apply dye evenly. While it offers convenience and is less messy than traditional methods, it may not fully cover gray hair, and results can vary. The device is more cost-effective than salon visits but more expensive than box dyes. Ultimately, its value depends on whether users prioritize cost, convenience, or results.
Francoise Bettencourt Meyers, L'Oréal heiress and Europe's richest woman, has seen her wealth drop by $26 billion in 2024 due to a 25% decline in L'Oréal shares, largely attributed to weak demand in China. Despite this, she continues to invest through her family firm, Téthys Invest, expanding its portfolio by 26% this year. Bettencourt Meyers remains a significant figure in French business, holding a 35% stake in L'Oréal, although she has been surpassed as the world's richest woman by Alice Walton.
Researchers at the University of Oregon have developed a breakthrough technique using 3-D printing to create a super-realistic equivalent of human skin, which is being used by L'Oréal to test cosmetics and skin care products. The artificial skin, created in just 18 days, is the first known case of replicating quality skin tissue at full thickness, using different kinds of cells separated by a membrane. The researchers aim to explore other potential uses, such as healing diabetic foot ulcers and creating skin grafts for burn patients.
Francoise Bettencourt Meyers, the heiress to the L’Oreal cosmetic empire, has become the world's first female centibillionaire with a fortune exceeding $100 billion. Her wealth places her as the 12th richest person globally. Despite her immense wealth, Francoise is known for her reclusive lifestyle, her interests in piano and literature, and her low-profile approach to her role in the family business. L’Oreal, founded by her grandfather, has grown to become the largest cosmetics company in the world. Francoise inherited her wealth from her mother, Liliane Bettencourt, after a legal battle over Liliane's dementia and the control of her assets.
Francoise Bettencourt Meyers, the L'Oreal heiress, has become the first woman to reach a $100 billion fortune, propelled by the company's stock reaching a record high. She is now the 12th-richest person globally, behind Carlos Slim but still far from Bernard Arnault's $179 billion. Her wealth reflects France's significant presence in the luxury retail sector, with families like Hermes and the Wertheimers of Chanel also holding substantial fortunes. Despite her immense wealth, Bettencourt Meyers maintains a private life, focusing on intellectual pursuits and music.
Dame Helen Mirren, 78, and Andie MacDowell, 65, confidently walked the L'Oréal runway during Paris Fashion Week, sporting their natural grey hair. Helen's curly tresses were styled in a wild and dramatic manner, while Andie's curls were voluminous. The actresses showcased their age-defying beauty in stunning outfits, with Helen wearing a glittering silver gown and Andie donning a black bra and leather suit. The L'Oréal show celebrated womanhood and featured other celebrity brand ambassadors such as Eva Longoria and Cindy Bruna.
Actress Andie MacDowell, 65, made a stunning appearance at the L'Oreal show during Paris Fashion Week, showcasing her midriff in a black bra and leather suit. She confidently strutted down the runway alongside other famous faces, giving the younger models a run for their money. The event, held against the backdrop of the Eiffel Tower, celebrated womanhood and featured celebrity brand ambassadors such as Eva Longoria and Cindy Bruna. Kendall Jenner, Dame Helen Mirren, and Elle Fanning were also among the A-listers who walked for the brand.
