L'Oréal is a beauty business selling Mixa, Lancôme, Biotherm and Garnier through Professional Products, Consumer Products, Luxe, Dermatological Beauty divisions.
Pigment, a French AI startup, secures $250 million in funding to develop software competing with Microsoft’s Excel and PowerPoint. The company’s tools use AI to automate financial forecasting and slide deck creation for businesses. Backed by Nvidia, Pigment now holds a $2.3 billion valuation.
L'Oréal reports **35.33 billion euros in sales** for the period ending September 30, 2026. The company achieves **6.9% like-for-like growth** and **7.7% reported growth** year-over-year. These figures reflect strong performance across its portfolio of beauty and cosmetics brands.
L’Oréal secures a 50-year global license from Kering to develop and distribute Gucci fragrances and beauty products. The agreement follows Kering’s early termination of its prior Gucci Beauty license with Coty. The partnership begins in July 2027, pending regulatory approval, under a deal announced in October 2025.
L’Oréal acquires a majority stake in **Innovist**, a digital-first Indian personal care brand portfolio. The move strengthens L’Oréal’s presence in India’s rapidly growing beauty market, aligning with its strategy to expand and lead in the region. Innovist operates as a key player in the digital-first personal care space.
