What company is L Oreal owned by? (2023)

What company is L Oreal owned by?

As of 31 December 2020: Breakdown of share ownership: 33.17% by the Bettencourt family, 23.20% by Nestlé, 29.6% by international institutional investors, 7.87% by French institutional investors, 4.59% by individual shareholders, 1.57% by employees.

Is Loreal still owned by Nestle?

On December 7, 2021, Nestlé agreed to sell 22.26 million L'Oréal shares to L'Oréal. L'Oréal will cancel the repurchased shares. Following the transaction, Nestlé will own 20.1% of L'Oréal and remains fully supportive of the company's value creation strategy.

Are Estee Lauder and L Oreal owned by the same company?

The big beauty conglomerate L'Oréal owns budget labels like Garnier and Essie, and more luxe names like YSL and Lancôme. Same goes for Estée Lauder, Shiseido, P&G, and more.

How many brands does Loreal own 2022?

Major Brands & Products:

L'Oreal's major brands and products include hair care, skincare, sun care, color cosmetics, toiletries and fragrances sold under more than 35 brand names in different channels.

Does Nestle own 30% of Loreal?

Nestle struck an agreement in 2004 with the Bettencourt family, which holds about 31 percent in L'Oreal, on a mutual right of first refusal for their L'Oreal shares for 10 years.

Who is under Loreal group?

L'Oreal Luxe - Comprises international brand cosmetics, such as Lancome, Ralph Lauren, Yves Saint Laurent, Giorgio Armani, Shu Uemura, Clarisonic, Diesel, Viktor & Rolf, Maison Martin Margiela, Urban Decay, Kiehl's, and Cacharel, which are distributed through department stores, perfumeries and travel retail outlets.

What percentage of L Oreal does Nestle own?

All the shares repurchased by L'Oréal will be exclusively purchased for cancellation purposes and will be cancelled, at the latest on August 29, 2022[2]. At the end of the transaction and after cancellation of the repurchased shares, Nestlé's stake in the capital of L'Oréal will be reduced from 23.3% to 20.1%.

Did Nestle buy Loreal?

Following the deal, Nestlé said it would own 20.1 percent of L'Oréal, down from 23.3 percent previously.

Is Dove owned by L Oreal?

Unilever has 38 beauty subbrands, and many of those, including Nexxus, Pond's, TIGI, Dove, Vaseline, and Lever 2000, are drugstore staples in the US.

Does Loreal own Ralph Lauren?

L'Oreal owns 32 international brands including: Lancome, Kiehl's, Biotherm, shu uemura,Vichy, La Roche-Posay, Urban Decay, Giorgio Armani Beauty, Yves Saint Laurent Beaute, Clarisonic, Decleor, Viktor & Rolf fragrances, Ralph Lauren fragrances, Giorgio Armani fragrances, Drakar Noir fragrances, Paloma Picasso ...

Is Loreal owned by YSL?

The company specializes in haute couture, ready-to-wear, leather accessories, and footwear. Its cosmetics line, YSL Beauty, is owned by L'Oréal.

Are Lancôme and L Oreal the same company?

Lancôme (French pronunciation: ​[lɑ̃kom]) is a French luxury perfumes and cosmetics house that distributes products internationally. Lancôme is part of the L'Oréal Luxury Products division, which is its parent company and offers luxury skin care, fragrances, and makeup at higher-end prices.

You might also like
Popular posts
Latest Posts
Article information

Author: Foster Heidenreich CPA

Last Updated: 03/09/2023

Views: 6337

Rating: 4.6 / 5 (56 voted)

Reviews: 87% of readers found this page helpful

Author information

Name: Foster Heidenreich CPA

Birthday: 1995-01-14

Address: 55021 Usha Garden, North Larisa, DE 19209

Phone: +6812240846623

Job: Corporate Healthcare Strategist

Hobby: Singing, Listening to music, Rafting, LARPing, Gardening, Quilting, Rappelling

Introduction: My name is Foster Heidenreich CPA, I am a delightful, quaint, glorious, quaint, faithful, enchanting, fine person who loves writing and wants to share my knowledge and understanding with you.