L'oreal
L'Oreal to buy luxury cosmetics brand Aesop in $2.5 billion deal
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
 "L'Oreal to buy luxury cosmetics brand Aesop in $2.5 billion deal")
L'Oreal appoints Aseem Kaushik as Managing Director for India
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'
 "L'Oreal appoints Aseem Kaushik as Managing Director for India")
Delhi HC directs L'Oreal to pay profiteered amount of Rs 186 crore
The court, which clubbed the petitions, had posted the matter for next hearing on October 19
 "Delhi HC directs L'Oreal to pay profiteered amount of Rs 186 crore")
L'Oreal bucks declining trend with Chinese sales growth in second qtr
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
 "L'Oreal bucks declining trend with Chinese sales growth in second qtr")
L'Oreal sales rebound as beauty business shifts online in pandemic
Earnings at luxury retailers and beauty companies were dented by the closure of airport duty-free shops and high street stores
 "L'Oreal sales rebound as beauty business shifts online in pandemic")
L'Oreal sales rebound helped by China and booming online business
Luxury retailers and beauty companies have had earnings dented by the closure of airport duty-free shops and high street stores,
L'Oreal turns to Google as coronavirus spurs virtual make-up shift
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
 "L'Oreal turns to Google as coronavirus spurs virtual make-up shift")
L'Oreal's UK, Ireland CEO Vismay Sharma to join executive committee
Sharma is the first Indian to join L'Oreal's Executive Committee
Fairness cream firms get innovative with marketing, use synonyms for 'fair'
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
 "Fairness cream firms get innovative with marketing, use synonyms for 'fair'")
After Hindustan Unilever, L'Oreal to drop 'white' from skin care range
On Friday, a company spokesperson said the group had acknowledged legitimate concerns about the terms used to describe skin even-ing products.
 "After Hindustan Unilever, L'Oreal to drop 'white' from skin care range")
Fallout of acrimonious leadership disputes
Disputants must always try to find, directly or through well-wishers, a way to arrive at a compromise
 "Fallout of acrimonious leadership disputes")
L'Oreal to sell Body Shop to Brazil's Natura in $1.1 bn deal
The proposed deal put an enterprise value of'1 bn euros on the 4 decades old beauty brand
L'Oreal now 3rd in personal care market
HUL and Colgate remain top two but French major moved past Godrej Consumer and Dabur in past year
 "L'Oreal now 3rd in personal care market")
L'Oreal, Founders Factory to invest in InsitU, Tailify, other start-ups
All these start-ups use Internet and mobile technology to promote their products
 "L'Oreal, Founders Factory to invest in InsitU, Tailify, other start-ups")
L'Oreal to buy 3 skincare brands from Valeant for $1.3 bn in all-cash deal
The three brands are CeraVe, AcneFree and Ambi
 "L'Oreal to buy 3 skincare brands from Valeant for $1.3 bn in all-cash deal")
L'Oreal may face action for further violation: FDA
Statement comes a day after agency issued a notice to recall two fairness creams for containing mercury
 "L'Oreal may face action for further violation: FDA")
