Cosmoprof Worldwide Bologna’s Post

“In the first half, we delivered strong growth of +7.3%, well-balanced between value and volume and strengthened our global leadership in a beauty market that remains dynamic,” Nicolas Hieronimus, CEO of L'Oréal, said upon release of the company’s half-year results. In the first six months, sales were €22.12 billion ($23.92 billion), up +7.5% reported. Like-for-like sales grew by +7.3%. “Our continued strong momentum in emerging markets, Europe and North America allowed us to more than offset the depressed beauty market in mainland China and the unfavourable comparative in Travel Retail. In this context, I am particularly pleased to see the acceleration of L’Oréal Luxe, the dynamism of Consumer Products and the continued share gains of Dermatological Beauty and Professional Products,” added Hieronimus. “The combination of our powerful R&I and unique marketing creativity allowed us to offer consumers groundbreaking innovations. The consistent increase of our A&P spend to support these innovations and our 37 international brands allowed us to, once again, outpace the global beauty market.” Go here for the full breakdown: https://lnkd.in/gNyEhj7J

Half-year 2024 brought positive results for L’Oréal, with sales and profits up despite a challenging Chinese market. The French cosmetics giant reported a 7.5% increase in sales to 22.1 billion euros, with net profits rising by 8.8% to 3.65 billion euros. CEO Nicolas Hieronimus highlighted strong momentum in emerging markets, Europe, and North America, offsetting the downturn in China. Despite a 3.1% sales decline in North Asia, L’Oréal remains optimistic about China's potential, aiming to tap into its vast consumer base. While the luxury division saw 4.0% growth, the consumer products division outperformed with an 8.3% expansion. Notably, North America emerged as L’Oréal’s top sales region, with growth surpassing North Asia. The company expressed confidence in continued growth for the year, aiming to capitalize on a dynamic beauty market. Mr. Hieronimus remains positive about the future, forecasting a return to pre-Covid growth rates and emphasizing the ample opportunities in the evolving beauty industry. #Loreal #Cosmetics #BeautyIndustry #BusinessGrowth #MarketTrends

Earlier this month, I had the incredible opportunity to immerse myself in the world of beauty innovation at the L’Oréal Experience Day. 💄 Here are my 3 key takeaways from this insightful event! 1️⃣ L’Oréal's strategic venture into the South Asia Pacific, Middle East, and North Africa region (SAPMENA) is poised to become a key market for L’Oréal in the next decade. This is due to SAPMENA’s young average age of 28 years old, with growing beauty aspirations and purchasing power. 2️⃣ L’Oréal Groupe's sustainability program (L’Oréal for the Future) is dedicated to reaching their science-based targets. One such initiative that reflects their commitment is the collaboration with startup Gjosa to create a water-saving shower head, which is stated to have reduce water consumption by 69%! 3️⃣ The intersection of beauty and technology was showcased vividly through L’Oréal's innovative products like the YSL Rouge Sur Mesure. It allows users to craft thousands of lipstick shades with a single touch, exemplifying L’Oréal's dedication to providing personalized beauty experiences that empower individuals to express their unique selves. Overall, it was a privilege to attend the L’Oréal Experience Day and explore with the company that shapes the world of beauty. ⭐️ #LOrealDaySG #LOrealSAPMENA #SAPMENAStories #JoinMeAtLOreal

𝓜𝔂 𝓛'𝓞𝓻é𝓪𝓵 𝓘𝓰𝓷𝓲𝓽𝓮 𝓳𝓸𝓾𝓻𝓷𝓮𝔂 𝓽𝓱𝓲𝓼 𝓶𝓸𝓷𝓽𝓱: 𝓓𝓮𝓮𝓹 𝓓𝓲𝓿𝓮 𝓲𝓷𝓽𝓸 𝓒𝓸𝓷𝓼𝓾𝓶𝓮𝓻 𝓟𝓻𝓸𝓭𝓾𝓬𝓽𝓼 𝓓𝓲𝓿𝓲𝓼𝓲𝓸𝓷 𝔀𝓲𝓽𝓱 𝓚𝓪𝓬𝓴𝓲𝓮 I recently attended an engaging webinar hosted by L’Oréal, where Kackie Tang shared invaluable insights into their Consumer Products Division. Here are my three key takeaways that truly resonated with me: 📌 The fundamentals matter: Successful innovation begins with a strong foundation. Understanding core principles and consumer behaviors allows brands to create solutions that resonate deeply. Simplifying complex ideas can lead to impactful results. 📌 Curiosity: At L’Oréal, it's essential not just to observe market trends but to delve deeper into consumer needs and desires. This relentless pursuit of understanding fosters groundbreaking products that truly connect with consumers. 📌 Changes in Marketing Strategies across different regions: The discussion on L’Oréal's 24/7 store in China highlighted the importance of tailored marketing strategies. By understanding local markets and consumer behaviors, L’Oréal effectively adapts its offerings and messaging to resonate with diverse audiences globally. This strategic approach enhances brand relevance and consumer connection. A big thank you to Kackie Tang for sharing these insights! It’s inspiring to see how curiosity, relevance, and a solid foundation can drive innovation in the beauty industry. #lorealIgnite #weareloreal #lorealforyouth #empowered #beautytech #careergrowth #upskilling #futureofbeauty #brandstorm2025 Jade Lui Alan Lau (He/Him) Eunice Lam Vicky Lau

My L'Oréal Ignite Journey: Deep Dive into Consumer Products Division With Kackie This week, I attended an online webinar hosted by L'Oréal, which provided me with further insights into the CPD department. Here are my key takeaways: Firstly, one of the core distinctions of the CPD department compared to others is that it encompasses the most categories and distribution channels. Secondly, there is significant untapped potential in the male consumer market. Brandstorm aims to seek product design proposals and strategies targeting male consumers. Kackie pointed out that male KOLs play a vital role in teaching male consumers how to use products. In terms of differences between the mainland and Hong Kong markets, Kackie mentioned that the mainland market is more focused on online sales, while Hong Kong offers more opportunities for direct consumer interaction through offline channels. Additionally, regarding market trends, it's crucial to recognize that the luxury goods market is not growing as rapidly as before. Companies should be aware of this and develop corresponding strategies to adapt to market changes. Thanks Kackie Tang for sharing insights with us! #lorealIgnite #weareloreal #lorealforyouth #empowered #beautytech #futureofbeauty #careergrowth #upskilling Jade Lui Eunice Lam Vicky Lau Alan Lau (He/Him)

L'Oréal appoints new CEO for Czech, Hungarian and Slovak markets... L'Oréal, a leading player in beauty research and innovation, has appointed Monika Masewicz to head up its Czech, Hungarian and Slovakian interests from January.... https://lnkd.in/dRXtfVMB #digitrendi #careerline #loreal #beautyindustry

Shiseido has downgraded its profit outlook for the next two years as it faces a financial squeeze amid a downturn of sales in China, increased competition, and weak consumer confidence in the region. The group has also announced a revised midterm strategy, focusing on rebuilding the brand, cost-cutting measures, and leveraging stronger sales in markets outside China. #Shiseido #BeautyIndustry #Cosmetics #Chinamarket

Corporate Tracker report for @L'Oréal : L'Oréal demonstrates resilience in a challenging market, posting 6% like-for-like sales growth in Q3 2024 and 5% year-over-year growth. The company's strengths lie in its diverse product portfolio, strategic investments in R&D and digital expansion, and strong market leadership. However, L'Oréal faces headwinds including slowing sales in key regions like Mainland China's luxury sector and increased competition from brands like Olaplex and K18. Opportunities for growth include expansion of digital channels, product innovation focusing on sustainability, and strategic partnerships. The company must navigate threats such as intense competition, economic volatility, and shifting consumer preferences towards budget-friendly and sustainable products. Despite these challenges, L'Oréal's robust performance and adaptability position it well for continued success in the dynamic beauty industry.

Did you know that L'Oréal is home to a family of 37 diverse and complementary international brands? To best serve the unique needs of our customers, Our brands are thoughtfully organized into four Divisions. Each with a clear vision of beauty, consumer universe, and a tailored distribution strategy. This ensures that we can effectively deliver exceptional beauty products and experiences to create beauty for each. Would you like to learn more about what makes each of our brands so special? Dive into our Annual Report! 👉http://spr.ly/6040gqjhy #CreateTheBeautyThatMovesTheWorld #AnnualReport

Did you know that L'Oréal is home to a family of 37 diverse and complementary international brands? To best serve the unique needs of our customers, Our brands are thoughtfully organized into four Divisions. Each with a clear vision of beauty, consumer universe, and a tailored distribution strategy. This ensures that we can effectively deliver exceptional beauty products and experiences to create beauty for each. Would you like to learn more about what makes each of our brands so special? Dive into our Annual Report! 👉http://spr.ly/6040gqjhy #CreateTheBeautyThatMovesTheWorld #AnnualReport