LOréal Tag
The WWD Beauty Inc Top 100 ranks the world’s largest beauty manufacturers. Firms are arranged by their beauty sales for the 2020 calendar yr. For those corporations whose fiscal yr didn't run from Jan. 1 to Dec. 31, 2020, estimates were calculated. All sales figures were either obtained from the businesses or generated with the assistance of industry sources, indicated by (EST.) within the rating.
For this list, “beauty” includes fragrance, makeup, skincare, body care, sun care, hair care, deodorant, plus cellulite and shaving products. It doesn't take into consideration bar soaps, razors, toothpastes, food and weight-reduction plan foods, medicines, vitamins or detergents. The revenues only include sales of beauty products each firm manufactures and don't include business from private-label lines...
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PARIS — Because the lines between wellness and wonder proceed to blur, L’Oréal said Wednesday it has partnered with Clue, an app that tracks people’s menstrual cycles, so as to glean a greater understanding of the link between skin health and hormonal changes.
In 2012, Danish and German entrepreneurs Ida Tin and Hans Raffauf cofounded Clue. Today, the app has greater than 12 million users in 190 countries. It's billed as a pacesetter in femtech and the digital health space.
“At L’Oréal, we now have a powerful belief that the innovation that we bring to boost people’s beauty and well-being lies on the intersection of science and technology to satisfy consumers’ expectations and desires,” Barbara Lavernos, deputy chief executive officer in control...
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PARIS — L’Oréal has taken a minority stake in Swiss longevity biotech company Timeline.
Terms of the deal, which was made through the wonder giant’s strategic enterprise capital fund Business Opportunities for L’Oréal Development, weren't disclosed.
Timeline was founded in 2007 by Chris Rinsch and Patrick Aebischer as a by-product of the Swiss Federal Institute of Technology. It develops solutions for longevity within the food, business and health categories.
Rinsch serves as Timeline president, and Aebischer is its chairman.
“Timeline has developed a proprietary molecule, Mitopure, that recycles and rejuvenates aging mitochondria, the powerhouses of cells,” L’Oréal said in a press release Tuesday. “This breakthrough technology is backed by greater than a decade of research by distinguished scientists, multiple gold standard clinical studies and an unparalleled...
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