• Login
    • Join
  • Subscribe Free
    • Magazine
    • eNewsletter
    Checkout
    • Magazine
    • News
    • Components
    • Markets
    • Materials
    • Solutions
    • Top 20 Companies
    • Buyers Guide
    • Events
    • More
  • Magazine
  • News
  • Components
  • Markets
  • Materials
  • Solutions
  • Top 20 Companies
  • Buyers Guide
  • Events
  • Current & Past Issues
    Features
    Editorial
    Departments
    Columns
    Digital Edition
    eNewsletter Archive
    Staff
    Editorial Guidelines
    Subscribe Now
    Advertise Now
    Top Features
    Back in Business: In-Person in LA

    Shine of the Times

    Ramping Up the Sustainable Packaging Conversation

    Rethinking Makeup Brushes & Beauty Applicators

    Making the ‘Eco-Transition’
    Breaking News
    Regulatory
    Events
    Association
    Packaging
    Adv/Marketing
    Financial
    Retail & Travel
    People
    Products
    Experts
    Press Releases
    Exclusives
    Live From Shows
    Video Bites
    Packaging Personalities
    Top News
    Authentic Beauty Concept Launches Second-Generation ‘Refill Bar’

    HASK Beauty Enters Exclusive Partnership with Amazon

    Garance Doré Launches Made in France Skincare Line

    The World’s Most Popular Perfumes & Celebrity Fragrances

    Ulta Beauty Launches Retail Media Network
    3D
    Accessories
    Aerosols
    Airless
    Applicators
    Bags
    Bottles/Jars
    Brushes
    Cans
    Cartons/Boxes
    Closures
    Compacts
    Devices
    Dispensers
    Double Duty
    Droppers
    Environmental
    Labels
    Lipstick packages
    Mascara Containers
    Paper
    Pouches
    Printing
    Pumps
    Rollerballs
    Small Sizes
    Stock Pkg
    Tubes
    Wipes/Sheets

    3D Neopac Upgrades On-Site Manufacturing Technology

    Method's New Packaging Celebrates National Parks

    Consumer Experience Drives Plastic Packaging Design

    Baralan Offers Sustainable Components in Escalating PCR Percentages

    Hands-Free & Hygienic Cosmetic Packaging
    Bath/Body
    Cosmetics
    Ethnic
    Fragrances
    Hair
    Health and Beauty
    Home Fragrance
    Men
    Nails
    Personal Care
    Sample/Travel Sizes
    Sets/Kits
    Skin

    Authentic Beauty Concept Launches Second-Generation ‘Refill Bar’

    Makeup Returns to the Spotlight, As Skincare Lags Behind

    HASK Beauty Enters Exclusive Partnership with Amazon

    Garance Doré Launches Made in France Skincare Line

    The World’s Most Popular Perfumes & Celebrity Fragrances
    Brush Fibers
    Eco-friendly
    Flexibles
    Glass
    Metal
    Paper/Board
    PCR
    PET
    Plastics
    Wood

    Pennelli Faro Debuts Its New Mono-Material Brush at Cosmopack

    Baralan Is Committed to Quality, Service and Sustainability

    REN Clean Skincare Elevates Mask Range with Sustainable Packaging

    3D Neopac Upgrades On-Site Manufacturing Technology

    Method's New Packaging Celebrates National Parks
    Anti-Counterfeit
    Contract Services
    Decorative Effects
    Design Capabilities
    Digital Printing
    Injection Molding
    Machinery
    Made in USA
    Package Development
    Printing/Decorating
    Sustainable Pkg/Practices
    Turnkey

    Shiseido Launches Eco-Conscious Skincare Brand Ulé

    Pact Has Collected Over 20k Pounds of Hard-to-Recycle Beauty Packaging

    Kate McLeod's Waterless Solid Moisturizer Debuts at Sephora

    The Body Shop Launches Refill Stations in U.S. Stores

    Grove Collaborative Named 'Most Innovative' for its Sustainability Initiatives
    Top 20 Companies
    Estée Lauder

    Avon

    Henkel

    Beiersdorf
    All Companies
    Categories
    Company Profiles
    Jobs
    Add New Company
    International Buyers Guide Companies
    GLASPRAY ENGINEERING & MANUFACTURING CO., LTD.

    TAESUNG

    Yuan Harng Co. Ltd.

    Epopack Co. Ltd

    Big Sky Packaging
    Industry Events
    Live From Shows
    Exhibitor Showcase
    Webinars

    Cosmoprof North America 2022 Introduces New Show Format

    Cosmoprof Worldwide Bologna 2022 Aims to Relaunch the Cosmetics Industry

    Pharmintech 2022 Approaches

    MakeUp in Shanghai Announces New Dates

    TFWA Changes Format of Singapore Show
    • Magazines
      • Current / Back Issues
      • Features
      • Editorial
      • Departments
      • Columns
      • Digital Edition
      • eNewsletter Archive
      • Staff
      • Editorial Guidelines
      • Subscribe Now
      • Advertise Now
    • Breaking News
    • Buyers Guide
      • Companies
      • Categories
      • Corporate Capabilities
      • Add Your Company
    • Components
      • 3D
      • Accessories
      • Aerosols
      • Airless
      • Applicatiors
      • Bags
      • Bottles / Jars
      • Brushes
      • Cans
      • Cartoons / Boxes
      • Closures
      • Compacts
      • Devices
      • Dispensers
      • Double Duty
      • Droppers
      • Environmental
      • Labels
      • Lipstick Packages
      • Mascara Containers
      • Paper
      • Pouches
      • Printing
      • Pumps
      • Rollerballs
      • Small Sizes
      • Stock Pkg
      • Tubes
      • Wipes/Sheets
    • Markets
      • Bath/Body
      • Cosmetics
      • Ethnic
      • Fragrances
      • Hair
      • Health And Beauty
      • Home Fragrance
      • Men
      • Nails
      • Personal Care
      • Simple/Travel Sizes
      • Sets/Kits
      • Skin
    • Materials
      • Brush Fibers
      • Eco-friendly
      • Flexibles
      • Glass
      • Metal
      • Paper/Board
      • PCR
      • PET
      • Plastics
      • Wood
    • Solutions
      • Anti-Counterfeit
      • Cotract Services
      • Decorative Effects
      • Design Capabilities
      • Digital Printing
      • Injection Molding
      • Machinery
      • Made In USA
      • Package Development
      • Printing/Decorating
      • Sustainable Pkg/Practices
      • Turnkey
    • Top 20 Companies
    • Online Exclusives
    • Slideshows
    • Expert Opinions
    • Videos
    • Infographics
    • Whitepapers
    • Products Showcase
    • Events
      • Industry Events
      • Live From Show Events
      • Webinars
    • Jobs
    • About Us
      • About Us
      • Contact Us
      • Advertise With Us
      • Privacy Policy
      • Terms Of Use
    Top 20 Companies

    1 L’Oréal (2020)

    ...

    1 L’Oréal (2020)
    Related CONTENT
    • APR Beauty Group Inc.
    • Plastube Inc.
    • The Leitman Group LLC
    • PACKAGING & RESOURCES INC
    • Loop Reuse Platform Moves In-Store with Global Retailers
    Jamie Matusow, Editor-in-Chief, and Joanna Cosgrove, Contributing Editor10.30.20
    Update: L’Oréal ranks at #1 on our latest report Top 20 Global Beauty Companies 2021.

    L'Oreal
     is #1 on this year's list of Top Global Beauty Companies. 

    Below is a look at the company's 2020 highlights, recent acquisitions, best-selling brands, and latest innovations.

    Beauty Sales

    $33.4 billion

    Key Personnel

    • Jean-Paul Agon, chairman and chief executive officer (soon to be succeeded)
    • Nicolas Hieronimus, deputy chief executive officer
    • Laurent Attal, executive vice president, research and innovation
    • Lubomira Rochet, chief digital officer
    • Cyril Chapuy, president, L’Oréal Luxe
    • Vianney Derville, executive vice president, Western Europe Zone
    • Jochen Zaumseil, executive vice president, Asia Pacific Zone; Myriam Cohen-Welgryn, president, Active Cosmetics
    • Fabrice Megarbane, president, L’Oréal China
    • Alexandra Palt, executive vice president, chief corporate responsibility officer and L’Oréal Foundation
    • Alexis Perakis-Valat, president, Consumer Products
    • Alexandre Popoff, executive vice president, Eastern Europe and Africa, Middle East Zones
    • Nathalie Roos, president, Professional Products
    • Frédéric Rozé executive vice president Americas
    • Stéphane Rinderknech president and CEO, L’Oréal USA
    • Rahquel Purcell, senior vice president, head of operations, L’Oréal North America
    • Jacques Playe, global head of packaging & product development
    • Leslie Marino, president, Professional Products Division American Brands

    Update: Nicolas Hieronimus will succeed Jean-Paul Agon as CEO of L'Oréal.

    Major Products

    • L’Oréal Luxe
    • Garnier
    • L’Oréal Paris
    • Maybelline
    • Urban Decay
    • L’Oréal Professional
    • Kerastase
    • Redken
    • Matrix
    • Mizano
    • Lancôme
    • Biotherm
    • Kiehl’s
    • Ralph Lauren
    • Viktor & Rolf
    • SkinCeuticals
    • Giorgio Armani Beauty
    • Modiface
    • Valentino Beauty
    • Prada
    • Thayers Natural Remedies

    New Products

    • YSL Beauté Pure Shots Daily Dose Serum Eessentials Set
    • Urban Decay Naked Honey Eyeshadow Palette
    • L’Oréal Paris Sulfate-Free Scalp Care & Detox Shampoo
    • L’Oréal Paris Shimmer Liquid Eye Shadow Makeup
    • Garnier Nutrisse Color Revivers
    • Lancôme Monsieur Big Waterproof Mascara
    • Fructis Treat shampoo and conditioner
    • Kérastase Bain Hydra-Fortifiant Shampoo
    • Maybelline Brow Extensions Pomade Crayon
    • Kiehl’s Calendula & Aloe Soothing Hydration Mask


     

    Comments

    L’Oréal had another remarkable year in 2019, and maintained its role as the No. 1 beauty company on our annual Top 20 list, with beauty sales reaching $33.4 billion—a 4% rise over last year’s impressive $30.8 billion number. The world’s largest beauty company now claims 1.5 billion customers around the globe.

    In commenting on 2019 results, Jean-Paul Agon, chairman and CEO of L’Oréal, said: “L’Oréal closed the decade with its best year for sales growth since 2007, at +8.0% like-for-like, and an excellent fourth quarter, in a beauty market that remains very dynamic.” All divisions grew. L’Oréal Luxe grew by +13.8% like-for-like sales, and exceeded 11 billion euros, thanks to its four billion-euro brands—Lancôme, Yves Saint Laurent, Giorgio Armani and Kiehl’s—which all posted double-digit growth. With record growth of +15.5% like-for-like, the Active Cosmetics Division had its best year ever, with La Roche-Posay sales topping one billion euros. Growth at the Consumer Products Division finished out the year at +3.3% like-for-like, highlighted with great results by L’Oréal Paris, which recorded its strongest growth since 2007, due to major launches such as Rouge Signature in makeup and Revitalift Filler with hyaluronic acid in skin care, rolled out globally in ampoule and serum format. And the Professional Products Division (+3.2% like-for-like) growth was boosted with the double-digit performance of Kérastase.

    The Consumer Products division was the strongest, followed by L’Oréal Luxe, Professional Products and Active Cosmetics (which saw the greatest growth). By geographic zone, New Markets led the pack, followed by Western Europe, then North America.

    Performances by geographic zone were mixed. The New Markets posted their strongest growth in more than 10 years. Asia Pacific became the Group’s No. 1 zone, with impressive annual results in China, but also good growth in South Korea, India, Indonesia and Malaysia. Eastern Europe maintained its strong growth rate, and Western Europe returned to growth last year. North America was impacted by a poor performance in makeup.

    E-commerce and Travel Retail  were also critical in adding to the Group’s success. E-commerce grew by an unprecedented +52.4% 6 and accounted for 15.6% of sales. Travel Retail maintained its strong momentum and posted growth of +25.3%.

    At the end of the year, L’Oreal added to its fragrance business, signing an agreement with Clarins for Mugler and Azzaro fragrances; and with fashion house Prada, for its fragrance license. The fragrance from the Italian prestige company is set to enter L’Oréal’s luxe portfolio in 2021.

    2020 Highlights

    Who would have guessed the swift turnaround? From Agon first recognizing pending troubles due to Covid spreading in China, to acknowledging it as a beauty sales deterrent worldwide, the situation escalated rapidly, especially when brick-and-mortar retailers and travel closed down. L’Oréal secured their workers and offices, produced and donated huge quantities of hand sanitizer—and moved forward with online sales strategies.

    Forging ahead with its commitment to sustainability and “the limits of the planet,” at the end of June, L’Oréal launched a new sustainability program called “L’Oréal for the Future,” highlighting the Group’s latest set of efforts to become fully sustainable by 2030, including that by 2025, all of L’Oréal’s sites will have achieved carbon neutrality by improving energy efficiency and using 100% renewable energy; by 2030, 100% of the plastics used in L’Oréal’s products’ packaging will be either from recycled or bio-based sources; and pledging to support urgent social and environmental needs, through an unprecedented plan launched in May 2020, in which the Group set aside €150 million for the cause.

    Product- and packaging-wise, in order to empower its consumers to make more sustainable choices, L’Oréal has developed a Product Environmental & Social Impact Labelling mechanism, scaling from A to E, endorsed by independent scientific experts and verified by an independent auditor, which will be progressively deployed for all brands and categories.

    By 2030, 100% of L’Oréal brands will be made with 100% recycled or bio-based plastic, saving 18,000 tons of virgin plastic each year—and increasing the use of paper-based tubes and bamboo alternatives. By 2025, all plastic packaging will be refillable, reusable, recyclable or compostable.

    As some signs of the pandemic waned, L’Oréal signed an agreement to acquire Thayers Natural Remedies, a U.S.-based natural skin care brand from Henry Thayer Company. The brand will be integrated into L’Oréal’s Consumer Products Division.

    With more emphasis than ever on packaging, L’Oréal appointed Jacques Playe as global head of packaging & product development. He is the former chief technology officer of L’Oréal’s Research & Innovation team, and replaces and succeeds Philippe Thuvien, who retired.

    In July, Valentino Beauty announced Lady Gaga as the face of their new perfume, Valentino Voce Viva (Living Voice). It was created by Pierpaolo Piccioli, creative director of  Valentino Beauty—and the Valentino Beauty team at L’Oréal. According to the brand, Lady Gaga speaks to the same values as those of Valentino.

    Also in July, Agon revealed that L’Oréal was considering an internal replacement for him. He has been with the global giant since 1978, but corporate policy is to announce a successor prior to when he turns 65 in July 2021. A successor is expected to be named this fall, with Nicolas Hieronimus, deputy chief executive officer, reportedly at the top of the list.

    Following a drastic 18.8% fall in second-quarter comparable sales, L’Oréal announced sales growth in July—for the first time since January—largely owing to the Chinese comeback from the virus and hopes for a global turnaround. A huge uptick in online sales of skin care and hair care products by stay-at-homers aided the bottom line.

    Looking Ahead

    In the first half of 2020, L’Oréal reported sales of $15.35 billion, a decrease of 11.7% like-for-like compared to the prior period.

    The consumption of beauty products over the period was strongly impacted by the closure of millions of points of sale (hair salons, perfumeries, department stores, airport stores, etc.) which caused a real crisis of supply, rather than demand, with consumers temporarily unable to purchase products and services, said the company.

    Despite this, Agon commented that the company demonstrated great business resilience. He noted that L’Oréal has seen its activity accelerate month after month since April, and it is progressively returning to growth. According to Agon, sales rose in July for the first time since January.

    “This business resilience was made possible by several key strengths of the Group,” Agon explained. “First of all, our lead in the field of digital and e-commerce, which proved to be crucial during the crisis and is now even bigger, with e-commerce growing by +64.6% over the first half. L’Oréal’s performance in mainland China was also decisive, with growth in the second quarter of +30%.”

    In the second half of the year, L’Oréal says it is embarking on “an aggressive plan of new product launches and business drivers to stimulate, in partnership with its retail partners, the return of the consumption of beauty products.”

    Read Next: Unilever is #2
    Suggested For You
    APR Beauty Group Inc. APR Beauty Group Inc.
    Plastube Inc. Plastube Inc.
    The Leitman Group LLC The Leitman Group LLC
    PACKAGING & RESOURCES INC PACKAGING & RESOURCES INC
    Loop Reuse Platform Moves In-Store with Global Retailers Loop Reuse Platform Moves In-Store with Global Retailers
    Chinese Makeup Market Projected to Grow at CAGR of 8.3% Through 2025 Chinese Makeup Market Projected to Grow at CAGR of 8.3% Through 2025
    CIBS Reschedules All 2021 Events CIBS Reschedules All 2021 Events
    Pretium Packaging Acquires Alpha Packaging Pretium Packaging Acquires Alpha Packaging
    Silgan Holdings Acquires Gateway Plastics Silgan Holdings Acquires Gateway Plastics
    Jinjoo Labs Appoints Louise Caldwell as CEO Jinjoo Labs Appoints Louise Caldwell as CEO
    Henkel, L’Oréal, LVMH, Natura &Co and Unilever Form New Cosmetics Consortium Henkel, L’Oréal, LVMH, Natura &Co and Unilever Form New Cosmetics Consortium
    Farouk Systems Founder Earns Beauty Heroes of the Pandemic Award Farouk Systems Founder Earns Beauty Heroes of the Pandemic Award
    The Hut Group Announces Plans to Separate its Beauty Division The Hut Group Announces Plans to Separate its Beauty Division
    Fusion To Feature Fusion To Feature 'The Drip' Collection
    Mintel To Talk About Traceability Mintel To Talk About Traceability

    Related Content

    • APR Beauty Group Inc.

      ...
      Aliya Anand, AVP Product Development & Marketing 05.18.22

    • Plastube Inc.

      ...
      Stephane Beauchemin, Product Manager 05.03.22

    • The Leitman Group LLC

      ...
      Jack Leitman, President 04.01.22


    • PACKAGING & RESOURCES INC

      ...
      JUAN ARENAS, PRESIDENT 04.01.22

    • Cosmetics
      Loop Reuse Platform Moves In-Store with Global Retailers

      Loop Reuse Platform Moves In-Store with Global Retailers

      Partners with Carrefour (France), Tesco (UK), AEON (Japan), Kroger (U.S.), and Woolworths (Australia).
      09.22.21

      Trending
      • Ranking The Top 50 Cosmetic Companies | Beauty Packaging
      • Ulta Beauty Launches Retail Media Network | Beauty Packaging
      • Innisfree Accused Of ‘Green Washing’ And ‘Misleading’ With Label | Beauty Packaging
      • Ranking The Top 50 Cosmetics Companies 2021 | Beauty Packaging
      • Top 10 Beauty Brands In The U.S. For Q1 2022 | Beauty Packaging
      Breaking News
      • Authentic Beauty Concept Launches Second-Generation ‘Refill Bar’
      • HASK Beauty Enters Exclusive Partnership with Amazon
      • Garance Doré Launches Made in France Skincare Line
      • The World’s Most Popular Perfumes & Celebrity Fragrances
      • Ulta Beauty Launches Retail Media Network
      View Breaking News >
      CURRENT ISSUE

      April/May 2022

      • Review: Luxe Pack Los Angeles & MakeUp in LosAngeles 2022
      • Metal & Metallic Packaging Looks Luxe & Can Also Be Sustainable
      • Beauty Industry Experts Discuss Sustainable Packaging
      • Makeup Brushes & Beauty Applicators Offer Better Functionality
      • What's New in Sustainable Cosmetic Packaging?

      Cookies help us to provide you with an excellent service. By using our website, you declare yourself in agreement with our use of cookies.
      You can obtain detailed information about the use of cookies on our website by clicking on "More information”.

      • About Us
      • Privacy Policy
      • Terms And Conditions
      • Contact Us

      follow us

      Subscribe
      Nutraceuticals World

      Latest Breaking News From Nutraceuticals World

      GOED Creates Infographic Highlighting Omega-3 Health Claims Approved in Europe
      Kyowa Hakko Appoints Dr. Colin Hill to Immuse Scientific Advisory Board
      Expert Consensus Statement: Diet is Best Primary Intervention to Achieve Diabetes Remission
      Coatings World

      Latest Breaking News From Coatings World

      What Are You Reading?
      Teknos Receives EcoVadis Gold Medal for Sustainability Performance
      AkzoNobel and Partners Team Up to Hack Carbon Reduction Challenges
      Medical Product Outsourcing

      Latest Breaking News From Medical Product Outsourcing

      MPO's Most-Read Stories This Week—May 21
      Iterative Scopes Expands its Senior Leadership Team
      Viz.ai Raises $100 Million in Series D Funding
      Contract Pharma

      Latest Breaking News From Contract Pharma

      Piramal Pharma Solutions New API Plant in Canada Now Online
      MG America Appoints Claudio Radossi as President
      Catalent Invests $175M to Expand Mfg. Capabilities at Winchester, KY
      Beauty Packaging

      Latest Breaking News From Beauty Packaging

      Authentic Beauty Concept Launches Second-Generation ‘Refill Bar’
      HASK Beauty Enters Exclusive Partnership with Amazon
      Garance Doré Launches Made in France Skincare Line
      Happi

      Latest Breaking News From Happi

      SPF Setting Spray, Lip Contour and Knotless Braids Are Hot Trends: Spate
      Nutrafol Launches Collagen Infusion
      ÄZ Craft Luxury Haircare Products Support All Hairstyles
      Ink World

      Latest Breaking News From Ink World

      Weekly Recap: Zeller+Gmelin, Sun Chemical and Kornit Top This Week’s News
      Nazdar Celebrates 100 Years with a New Look
      hubergroup Chemicals Exhibits at Paint India for First Time
      Label & Narrow Web

      Latest Breaking News From Label & Narrow Web

      Brook + Whittle's new acquisition, SunDance goes to HP and more
      Specialty announces move to new facility
      Mark Andy hosts dealer's open house in Warsaw
      Nonwovens Industry

      Latest Breaking News From Nonwovens Industry

      3M to Expand in Nebraska
      Nicely Offers Nonwoven Slitters, Winders
      'Right' Hygiene Conference to be Held in June
      Orthopedic Design & Technology

      Latest Breaking News From Orthopedic Design & Technology

      ODT's Most Read Stories This Week—May 21
      FDA Clears Anika Therapeutics' X-Twist Knotless Fixation System
      Paragon 28 Rolls Out TenoTac 2.0 Hammertoe and Soft Tissue Repair
      Printed Electronics Now

      Latest Breaking News From Printed Electronics Now

      Weekly Recap: Graphene Flagship, Japan Display and LG Display Top This Week’s Stories
      Evonik Launches New Processing Aids for PV Wafer Cutting
      NREL Creates Highest Efficiency 1-Sun Solar Cell

      Copyright © 2022 Rodman Media. All rights reserved. Use of this constitutes acceptance of our privacy policy The material on this site may not be reproduced, distributed, transmitted, or otherwise used, except with the prior written permission of Rodman Media.

      AD BLOCKER DETECTED

      Our website is made possible by displaying online advertisements to our visitors.
      Please consider supporting us by disabling your ad blocker.


      FREE SUBSCRIPTION Already a subscriber? Login