L'Oréal
Haircare, skincare, makeup, and scent are just a few of the many beauty items that L'Oréal, a French cosmetics and personal care firm, offers. The 36 global brands owned by the corporation are broken down into four distinct Divisions: Luxe, Consumer Products, Active Cosmetics, and Professional Products. 36 international brands include Kiehl's, Lancôme, Giorgio Armani Beauty, Yves Saint Laurent Beauté, Ralph Lauren, Clarisonic, Maybelline New York, Essie, Kérastase, IT Cosmetics, Prada Beauty, Biotherm, Shu Uemura, Viktor&Rolf, Maison Martin Margiela, Urban Decay, Redken, Vichy, La Roche-Posay, Diesel, Garnier, L'Oréal Paris, and more.
L'Oréal has focused primarily on the beauty industry for more than a century. By developing innovative cosmetic and skincare products that cater to the countless varieties of consumers' wants and preferences in terms of beauty, it hopes to win over an additional one billion customers worldwide.
L'Oréal is one of the world's biggest and most successful cosmetics corporations in terms of financial performance. Despite the difficulties caused by the COVID-19 pandemic, the business reported revenues of €29.9 billion and a net profit of €3.6 billion in 2020. L'Oréal employs 86K people in 150 countries across five continents, making it the most prominent beauty company in the world and a pioneer in the field of beauty technology.
L'Oréal is well known as a pioneer in the beauty sector, with a focus on sustainability, innovation, and research. The business has received praise for its dedication to social and environmental responsibility and has consistently been rated one of the world's most ethical corporations by the Ethisphere Institute. L'Oréal has received recognition for its initiatives to advance diversity and representation in the beauty business, and its brands are frequently associated with excellence, diversity, and inclusivity. L'Oréal continues to be a significant player in the worldwide beauty business, and its reputation and brand image are both strong.
Founded: 1909
Headquarters: Clichy, France
Website: https://www.loreal.com