Press Releases

Strong Increase In 1St Half 2002 ProfitNet Profit Before Exceptionals: Up 29.6%

Clichy, Paris, 20 August 2002, L'Oréal, the world’s leading cosmetic company, today announced the acquisition of ARTec Systems Group, Inc. by L’Oreal’s wholly owned U.S. subsidiary, L’Oréal USA.

Strong Sales Growth In 1St Half Of 2002:Up 8.6% Like-For-Like

Clichy, Paris, 25 June 2002, L’Oréal and Nestlé announce the signing of an agreement for the creation of a joint company called Laboratoires INNEOV.

Clichy, Paris, June 12th 2002, Lindsay Owen-Jones, L’Oréal Chairman and CEO, has been named “Best European Manager” by Spanish economic magazine Futuro, at an awards ceremony in Madrid.”

Clichy, 29 May 2002, The L'Oreal Annual General Meeting of Shareholders was held at the headquarters of UNESCO on Wednesday, 29th May 2002, under the chairmanship of Mr Lindsay OWEN-JONES, Chairman and CEO.

Paris, 25th April 2002, Christian Mulliez, 41, will succeed Michel Somnolet, 62, Vice-President, Managing Director of Administration & Finance of the L’Oréal Group at the end of the year.

Clichy, 24th April 2002, Marc Dubrule is to take up the position of Chief Executive Officer of Lancôme International on 2nd May 2002.

Paris, 23rd April 2002, L'Oréal, the leading cosmetics group, Sina.com, leading Internet SP in China, and “Women of China” , the largest women’s press group in China, announced the signature of a partnership agreement for the creation of a women’s Internet site for Chinese women.

Clichy, 18th April 2002, L’Oréal, the world leader in cosmetics, today announced its endowment of a Chair in Marketing at the Saïd Business School, University of Oxford – an investment of £1.8 million that will guarantee the Chair in perpetuity.