What Companies Does Loreal Own?

For over 100 years, L’Oréal has evolved into a powerhouse in the global cosmetics and beauty industry.

L’Oreal is one of the largest beauty brands in the world, and with that comes an impressive portfolio of companies.

This article explores the companies that Loreal owns. Keep reading to find out.

Who Owns Loreal?

Bettencourt Meyers family holds 34.7% of L’Oréal’s shareholders, followed by Nestlé with 20.1%. Together, they control 55% of L’Oréal votes.

We will dive into this renowned brand’s captivating past to explore how it developed from an obscure hair dye business in 1909 to one of today’s leading manufacturers and distributors with offices across the globe.

What Companies Does L’Oréal Own?

The list of well-known companies that L’oreal owns or has a stake in are the following.

1. Lancôme

2. Maybelline

3. Kiehl’s

4. Urban Decay

5. It Cosmetics.

6. Garnier

7. The Body Shop

Each of these companies has a distinct identity and product line, but they all share the commitment to innovation, quality, and sustainability that is at the heart of L’Oreal’s mission.

These brands are known globally for their high-quality, innovative cosmetics and skincare products.

By owning a variety of companies, L’Oréal has positioned itself as a leader in the beauty industry, catering to a diverse range of consumers.

When Was L’Oreal Founded?

Loreal was founded in the year 1909 by a young French chemist named Eugene Schueller.

It all began with a hair dye formula developed by Schueller, which went on to revolutionize the world of hair care.

With a strong passion for scientific innovation and a keen business sense, Schueller went about building his brand, one product at a time.

Today, Loreal has a presence in over 150 countries, and its products are trusted by millions of consumers worldwide.

The company remains committed to pushing the boundaries of research and development within the beauty industry, ensuring that its customers always look and feel their best.

Who is the CEO of L’Oreal?

L’Oreal has a talented CEO, Jean-Paul Agon.

Since taking over the reins in 2006, Agon has transformed L’Oreal into a powerhouse in the beauty industry.

Under his leadership, the company has expanded its reach, launched innovative products, and fostered a culture of inclusivity and sustainability.

With his infectious energy and visionary thinking, Agon continues to inspire his team to reach new heights. It’s no wonder he’s widely regarded as one of the most successful CEOs in the world!

What is the Net Worth of L’Oreal?

L’Oreal’s net worth as of August 2023 is $230 billion.

This French conglomerate is a force to be reckoned with, and it’s no surprise that its net worth reflects just that.

L’Oreal has stood the test of time as a beauty industry powerhouse, known for its iconic makeup brands and high-quality skincare products.

Where is the Headquarters of L’Oreal?

The headquarters of L’Oreal can be found in a stunning building located in Clichy, France.

The building, which houses over 3,000 employees, boasts an impressive design and is an architectural marvel in its own right.

It’s no wonder that such a forward-thinking, innovative company would be headquartered in such a cutting-edge location.

What is the Annual Revenue of L’Oreal?

In 2022, L’Oreal reported an impressive annual revenue of over $40 billion.

This impressive number speaks volumes to the company’s success and popularity in the industry.

With a wide range of products for all budgets and skin types, it’s clear that L’Oreal has something for everyone!

L’Oreal is one of the most successful beauty companies in history, and it’s no surprise that their annual revenue reflects just that.

How Many Employees L’Oreal Have?

According to their most recent filing, L’Oreal currently employs over 87,000 people across the globe.

This number is significant, as it reflects both the growth of the company and its commitment to creating employment opportunities for those passionate about beauty.

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