LRLCY Stock Recent News
LRLCY LATEST HEADLINES
French cosmetics giant L'Oreal said on Monday it had signed a deal with Swiss retailer Migros to buy the latter's South Korean skincare business Gowoonsesang Cosmetics, which includes the skin care brand Dr.G.
With its shares down sharply in recent months, cosmetics giant L'Oréal is looking at a fairly poor year on the shareholder returns front. Notwithstanding recent weakness in China, this remains an exceptional business worthy of a premium valuation. The stock now trades for around 28x EPS. I don't expect long-term multiple contraction from here, leaving investors clear to capture returns in line with EPS growth and the dividend.
French cosmetics giant L'Oreal is in final talks to acquire the South Korean skincare business Gowoonsesang Cosmetics owned by Mibelle Group, a unit of Swiss retailer Migros, according to two sources with knowledge of the deal.
Dublin, Oct. 10, 2024 (GLOBE NEWSWIRE) -- The "Decoding L'Oreal's YouTube Advertising Strategy" report has been added to ResearchAndMarkets.com's offering. The report on L'Oreal's advertising strategies on YouTube from August 2023 to July 2024, focuses on products and campaigns such as EverPure Bond Repair, Bright Reveal Daily SPF 50 Lotion, L'Oreal Paris Midnight Cream, L'Oreal Paris Colorsonic, EverPure Purple and more.
LRLCF, a premium consumer staple, has dropped considerably in share price, making it an intriguing investment opportunity due to its quality and defensive nature. The company has earnings stability, various competitive advantages, and is financially healthy. The fact that it also operates in a growing market makes it an excellent dividend growth investment candidate. LRLCF offers a safe dividend yield of 1.78% with a 10-year dividend growth CAGR of 10.2%, with growth likely to be sustained for years to come.
L'Oreal has joined Abolis Biotechnologies's 35 million euro ($38.6 million) funding round alongside speciality chemicals group Evonik , as part of a deal to develop bio-based ingredients for beauty products, the French cosmetics group said on Thursday.
Dublin, Aug. 19, 2024 (GLOBE NEWSWIRE) -- The "Decoding L'Oreal Paris's YouTube Advertising Strategy" report has been added to ResearchAndMarkets.com's offering. The report on L'Oreal Paris's advertising strategies on YouTube from July 2023 -June 2024, focuses on key products such as Bright Reveal UV Fluid, L'Oreal Midnight Cream, L'Oreal Paris Ever Pure Clarify & Restore, L'Oreal Paris Bright Reveal Niacinamide Serum and more.
Dublin, Aug. 13, 2024 (GLOBE NEWSWIRE) -- The "Probiotic Cosmetics Market - Global Outlook & Forecast 2024-2029" report has been added to ResearchAndMarkets.com's offering. The Global Probiotic Cosmetics Market was valued at USD 3.13 Billion in 2023, and is expected to reach USD 4.86 Billion by 2029, rising at a CAGR of 7.61%.
French cosmetics company L'Oreal is to acquire a 10% stake in Swiss skin care firm Galderma from a group of major shareholders, the two companies said on Monday.
L'Oreal has announced the acquisition of a 10% stake in dermatology solutions provider Galderma Group , the French cosmetics giant said in a statement on Monday.