Press Releases

Clichy, 16 June 2023 - L'Oréal today announced that Groupe CEO Nicolas Hieronimus has been inaugurated into the Fragrance Foundation Hall of Fame, celebrating a distinguished career that has elevated fine fragrance-making at L’Oréal and expanded global access to luxury fragrances. The Fragrance Foundation honored Nicolas Hieronimus during its annual industry awards ceremony in New York City, with actress Cate Blanchett presenting the distinction.

Highlighting beauty as a force for individual and collective good, the innovations span smart and sustainable beauty innovations and digital services, as well as data-powered diagnostic devices for inclusive, personalized, and virtual beauty.

Clichy, 1 June 2023 - BOLD, L'Oréal’s corporate venture capital fund, today announced a minority investment in Debut, making it the exclusive beauty industry investor in the company. The investment will enable Debut, a US biotech company to rapidly scale its manufacturing platform and meet growing demand for breakthrough ingredients to be used in cosmetics, skincare and packaging. The investment builds on existing joint development programs between L’Oréal and Debut that leverage Debut’s extensive IP portfolio, from which more than 7,000 ingredients can be created in order to bring high-value, more sustainable ingredients to market faster.

Annual General Meeting and Board of Directors’ Meeting of 21 April 2023

21 April 2023: Synthesis of the AGM voting on resolutions (in French)

Clichy, 20th April 2023 – Ahead of Earth Day, L’Oréal today announced three new recipients of its Fund for Nature Regeneration. NetZero, ReforesTerra and Mangroves.Now were chosen for their innovative approaches to carbon capture in soils, reforestation and mangrove restoration, and for their potential to have a far-reaching, positive impact on the environment and local communities.

First quarter 2023 sales

L’Oréal announced today that it has signed an agreement with Natura &Co to acquire Aēsop, the Australian luxury beauty brand. The proposed transaction values Aēsop at an enterprise value of USD 2.525 billion. Created in 1987, Aēsop is world widely renowned for its skin, hair and body products. With its signature amber packaging, plant-based ingredients, sustainable vegan formulations, and its bespoke customer service, Aēsop has evolved into a global super brand available across luxury retail, beauty, and hospitality locations around the world.