L'Oreal

At L'Oreal, Aesop joins a cast of luxury brands such as Lancome and Yves Saint Laurent as the French company bets on a continued drift toward high-end cosmetics

French personal care company L'Oral on Monday announced the appointment of Aseem Kaushik as its Managing Director for India. He will be succeeding Amit Jain, who has decided to retire by the end of this year, according to a statement from L'Oreal India, a wholly-owned subsidiary of L'Oreal SA. Jain will assume the role of Chairman for L'Oral India, it added. Kaushik has been with the company for 27 years and held several leadership positions within the group. Most recently, he led international teams in PPD (Professional Products Division). Jain said: "Kaushik was one of the pioneers who set up new businesses and paved the foundation of growth for L'Oral in India today. I am delighted to welcome him back following his assignments abroad and pass on the reigns to him." Jain, who had joined L'Oral India in June 2018 as Country Managing Director, has around 30 years of experience and worked with companies like ICI, Coca-Cola, Viacom, and Akzo Nobel. "During his 4.5-year tenure at L'

The court, which clubbed the petitions, had posted the matter for next hearing on October 19

Cosmetics group L'Oreal bucked a declining trend for the luxury and fashion industry in China with sales growing in the second quarter despite Covid-19 lockdowns

Earnings at luxury retailers and beauty companies were dented by the closure of airport duty-free shops and high street stores

Luxury retailers and beauty companies have had earnings dented by the closure of airport duty-free shops and high street stores,

Shoppers searching Google for cosmetics will be able to try them on virtually through a deal with L'Oreal, as the French group looks to make up for lost store sales caused by coronavirus lockdowns

Sharma is the first Indian to join L'Oreal's Executive Committee

Estimated at Rs 5,000 crore in size and used by both men and women in India, the fairness category for years has been criticised for promoting gender discrimination

On Friday, a company spokesperson said the group had acknowledged legitimate concerns about the terms used to describe skin even-ing products.

Disputants must always try to find, directly or through well-wishers, a way to arrive at a compromise

The proposed deal put an enterprise value of'1 bn euros on the 4 decades old beauty brand

HUL and Colgate remain top two but French major moved past Godrej Consumer and Dabur in past year

All these start-ups use Internet and mobile technology to promote their products

The three brands are CeraVe, AcneFree and Ambi

Statement comes a day after agency issued a notice to recall two fairness creams for containing mercury