L'Oréal to buy South Korean skincare brand Dr.G from Migros - report

L'Oréal agrees to acquire Gowoonsesang Cosmetics to strengthen its position in the K-Beauty market, focusing on Dr.G's skincare brand amid changing market conditions.

L'Oreal acquires South Korea's Dr.G in skincare deal with Migros

L'Oreal announces acquisition of Gowoonsesang Cosmetics, enhancing its K-Beauty portfolio amid expanding global market presence and demand for affordable skincare.

L'Oreal in talks to buy Migros' South Korean cosmetic unit, Reuters reports

L’Oreal is reportedly close to acquiring South Korean Gowoonsesang Cosmetic, owned by Mibelle Group, with an announcement expected soon, according to Reuters.

France stocks higher at close of trade; CAC 40 up 0.12%

France stocks rose with gains in healthcare, consumer goods, and tech sectors. Sanofi led CAC 40 gains, while several firms reached all-time lows.

Factbox-Top 20 global family-owned retail businesses

Elf Beauty bets big on rural market with Dollar General partnership

France stocks lower at close of trade; CAC 40 down 0.50%

France's stock market ended lower, affected by losses in key sectors, with notable declines in L’Oreal and Eramet, while Stellantis and Verallia showed gains.

L'Oreal shares fall after its Q3 sales miss forecasts

L'Oreal's shares fell 3% after Q3 sales missed expectations due to low consumer confidence in China, with analysts forecasting a challenging outlook for Q4 2024 and Q1 2025.

L'Oreal Q3 sales rise, China has become 'has become even more challenging'

L'Oreal's Q3 sales grew 3.4% to €10.28B, driven by Europe, but North Asia declined. CEO expresses growth confidence despite challenges.

L'Oreal third quarter sales disappoint as China spends less on beauty

L'Oreal's third quarter sales rose 3.4% to €10.28 billion, missing expectations due to low consumer confidence in China, which impacted the luxury segment and overall growth.