LOréal – Page 7 – Beautifaire

7 Jun

L’Oréal Consumer Products Chief Talks Premiumization, Democratization – WWD

PARIS — As L’Oréal’s Consumer Products division continues its rapid growth across the globe, maintaining a advantageous balance between premiumization and democratization is essential. “We’re living in exciting times,” said Alexis Perakis-Valat, president of the division. He was referring to how in 2022 the branch registered its best growth in 20 years, while in first-quarter 2023, the division posted its most stellar quarter by way of gains on record. “What we like in regards to the growth is that it’s each balanced and broad-based — balanced between volume and value,” explained Perakis-Valat. “What’s interesting is one-third is volume and two-thirds is value. We wish this balance, because we want to steer premiumization, but at the identical time to democratize.” That’s around the globe, because the...

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1 Jun

L’Oréal to Scale Up Green Chemistry With Debut Biotech

by Beautifaire101

Beauty, Featured

L’Oréal to Scale Up Green Chemistry With Debut Biotech

PARIS — L’Oréal is preparing to take green chemistry to the following level. The world’s biggest beauty player, via its Daring enterprise capital fund, has taken a minority stake in U.S.-based biotech start-up Debut, which focuses on “cell-free” ingredient manufacturing. The sweetness giant led a $34 million round of series B funding within the San Diego-based firm. L’Oréal sees the nascent technology – through which recent, naturally derived lively ingredients will be reproduced, at scale, within the lab — as being key to helping the firm reach its sustainability goals, notably around renewable raw materials, which the group has pledged will account for 95 percent of the ingredients in its formulas by 2030. In response to L’Oréal’s deputy chief executive officer answerable for research,...

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10 May

Introducing the L’Oréal Paris League of Experts – WWD

by Beautifaire101

Beauty, Featured

Introducing the L’Oréal Paris League of Experts – WWD

L’Oréal Paris is expanding its reach — and talent roster. The brand is inaugurating its L’Oréal Paris League Of Experts, a makeup artistry talent collective comprised of three initial members: Allan Avendaño, Claudia Betancur and Erica Taylor. “We’ve recognized that customers are more diverse than ever before, the way in which we speak to consumers is far more fragmented — it’s caused us to rethink how can we evolve our relationships with makeup artists to to talk to consumers in a more relevant way,” said Ali Goldstein, L’Oréal Paris U.S. brand president. The brand was drawn to every of the League’s initial members for his or her digital finesse and unique reach, which can aid in bringing L’Oréal Paris products, tutorials and...

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7 May

Top execs from Shiseido, L’Oréal, Unilever, P&G on Way

by Beautifaire101

Beauty, Featured

Top execs from Shiseido, L’Oréal, Unilever, P&G on Way

The WWD Beauty CEO Summit has at all times been a spot where the industry gathers to decode the longer term. From Leonard A. Lauder’s debut keynote presentation on the very first conference, during which he predicted all the pieces from the blurring of channels to the rise of China, to Pharrell Williams charting a recent beauty vibe in 2022, the Summit has grow to be a hub for brand spanking new ideas. On the eve of The Silver Summit, to be held May 9 and 10 at Cipriani South Street, we asked some speakers from the past to look into the longer term, and answer the query, as you look to the longer term of beauty, what's one key change...

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