L’Oréal Gears Up for Future Conquests in Three Main Domains
As previously reported, L’Oréal sales in the three months ended Dec. 31 reached 11.08 billion euros, up 4.5 percent in ...
Meet world’s richest woman, heiress to big brand, who has announced retirement, will be succeeded by…, net worth is Rs…
Françoise Meyers, 71, had a bull run during the last year as her fortune jumped by a whopping $19 billion. the biggest gain ...
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Billionaire heiress Francoise Bettencourt Meyers to step down from L’Oréal board
Francoise Bettencourt Meyers, heiress to cosmetics behemoth L’Oréal and world’s second richest woman with US$76.1 billion in ...
Puig Poised to Ride Premiumization Tailwinds, but Moat Elusive Given Narrow Fragrance Focus
We think chair and CEO Marc Puig has done a commendable job sharpening Puig’s premium focus and expanding its brand collection through acquisitions, thus positioning the small beauty product maker ...
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Sanofi increases ownership stake partaking in pharma buyback trend
Just days after taking back some of the stake held by L’Oréal, Sanofi has agreed to repurchase its own shares worth €2bn ($2.08bn) from other stakeholders. The French drugmaker said it had entered a ...
Hair Brand Everist Closes Funding Round Led by Sandbridge Capital
Hair care brand Everist has a new investor. The brand, founded by Jayme Jenkins and Jessica Stevenson in 2021, has closed a funding round with existing pre-seed investors and led by Sandbridge Capital ...
Meet man, son of world’s richest woman, he is set to take over Rs 1642000 crore empire as...
L’Oreal heiress Françoise Bettencourt Meyers to retire from the board, passing her role to son Jean-Victor Meyers, who comes ...