David Greenberg’s Post

L'Oréal: very strong start of the year with a +9.4% revenue growth in Q1, beating analysts consensus by a wide margin (+330 bps) with €11.2bn sales Very commendable performance of its key markets USA/ Europe (+12% growth) and the CPD (mass), and the Dermatological Division looking from segment perspective. Luxe (and Asia where its over-indexing), as widely anticipated, grew the least but still managed to be in positive territories Those numbers drove not only French giant stock growth (+5%), it also reassured the market after bearish comments from U.S. beauty retailer Ulta Beauty earlier this month about a faster-than-expected slowdown in the United States (cf. the strong stock price growth seen on Coty & The Estée Lauder Companies Inc. following L'Oreal results announcements) With its unique, well diversified at-scale footprint across its four divisions and best-in-class M&A capabilities L'Oréal is well positioned to navigate those turbulent times To get all our insights, follow us/ subscribe to our FMCG CEOs newsletter: https://lnkd.in/eR8vDpvE #cpg #fmcg #beauty #strategy Frederic Fernandez & Associates

2023 was another very successful year for L'Oréal. Sales grew +11% like-for-like, our third consecutive year of double-digit growth. Not only did we reinforce our position as the world's #1 beauty company, we also crossed the €40Bn sales mark for the first time in our history.    I am immensely grateful to our teams. Their creativity, entrepreneurship and passion have enabled us yet again to outperform a dynamic beauty market.   In times of uncertainty, people want to have pleasurable experiences and feel good about themselves - and beauty allows them to do just that. This is what I call ‘the dopamine effect’ of beauty.    So, as we head into 2024, I’m confident that the global beauty market will continue to grow, and that L’Oréal will achieve yet another year of growth in sales and profits. Barbara Lavernos Christophe Babule Vincent BOINAY Cyril CHAPUY Myriam Cohen-Welgryn Vianney Derville Asmita Dubey Emmanuel Goulin David Greenberg Omar Hajeri Blanca Juti Jean Claude Le Grand Fabrice Megarbane Alexandra Palt Alexis Perakis-Valat Ersi Pirishi Frédéric Rozé Vismay Sharma Antoine Vanlaeys #WeAreLoreal, #CreateTheBeautyThatMovesTheWorld

WeAreLoreal

🌟 What a Remarkable Year of Growth at L'Oréal! 🌟 I am thrilled to share what an extraordinary year 2023 was for L'Oréal : we achieved a phenomenal sales growth of +11% like-for-like, marking our third consecutive year of double-digit growth. L’Oréal Canada plays an important role in this collective success, allowing L'Oréal to reach +11.8% like-for-like in North American, with growth observed across all product divisions. This not only reinforces our position as the world's #1 beauty company but also signifies a historic milestone as we crossed the €40 billion sales mark for the first time in our history! 🎉 Now that we have fully embarked into 2024, I am filled with confidence that the global beauty market will continue to flourish, and that L'Oréal will once again achieve remarkable growth. Our commitment to innovation, consumer-centricity, sustainability and delivering exceptional products and experiences will continue to set new benchmarks in the industry. Aleksandra S. Isabelle Thériault Jérémy Choquette Audrey Cyr Quentin DENIS Victor Racicot-Trottier Raj Patel #WeAreLoreal #JoinUsAtLOréal #CreateTheBeautyThatMovesTheWorld

L’Oréal continues to exceed performance expectations, its really astounding to read these numbers each quarter. How are they doing it? Here's just a few of my thoughts - They maintain diverse portfolio of brands from mass to prestige allowing for a broad, diverse set of consumers. Their scale allows for a great deal of leverage in supply chains across those brands. They dedicate time and resources to scientific innovation bringing new technology platforms to market while also being able to respond quickly to ever changing trends. Beats High Expectations in the Second Quarter https://buff.ly/3q2NExl #beautyindustrynews #cosmeticscience

Did you know that L'Oréal had an unrivaled portfolio of 37 international brands? To best serve the needs of our customers worldwide and offer Beauty For Each, our brands are organized into 4 Divisions. Each with a clear vision of beauty, consumer universe, and a tailored distribution strategy to effectively deliver exceptional beauty products and experiences. 👀 Want to learn more? Dive into our Annual Report! 👉http://spr.ly/6040gqjhy #CreateTheBeautyThatMovesTheWorld #AnnualReport

I’m sure many of you don’t know! 👁️ 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? Check out iconic brands such as YSL, Kerastase, La Roche Posay, to Maybeline, and 33 more that belong to L’Oréal group. Dive into our Annual Report! 👉http://spr.ly/6040gqjhy #CreateTheBeautyThatMovesTheWorld #AnnualReport

In our Winter University's second session, PhD Javier Díez Medrano highlighted L'Oréal global strategy, focusing on pillars like L'Oréal ,GARNIER CLUB , Maybelline New York and NYX Professional Makeup We explored their expansion into emerging markets and discussed a potential shift towards increased growth in men's beauty products over the next years. We emphasized the crucial role of L'Oréal's 16-member Board of Directors in shaping the company's direction, touching on the evolving global market dynamics, especially China's significance. In conclusion, I emphasized aligning L'Oréal's purpose with its offerings, drawing parallels with other global companies. While local adaptation is vital, core aspects like strategic direction, financial management, innovation, and communication should remain anchored to L'Oréal's essence. #BusinessStrategy #MarketTrends #BusinessLeadership #Marketing

L'Oréal's most valuable acquisition to date@USD2.52 billion, paid for Aēsop...Should shareholders worry? L'Oréal Acquires Aēsop: An Overvalued Deal? Abstract: The case discusses the biggest brand acquisition ever made by the French beauty giant, L'Oréal Groupe (L'Oréal). In April 2023, L'Oréal acquired Aēsop, an Australia-based skincare company with an enterprise value of USD2.525 billion, from Natura & Co Holding SA (Natura), a Brazilian cosmetic company. Under the complete ownership of Natura (post-2016), Aēsop grew in leaps and bounds between 2012 and 2022, Aēsop's gross sales increased from USD28 million to USD537 million, and the geographical footprint rose from 8 to 29 markets. By selling Aēsop to L'Oréal, Natura aimed to reposition its businesses in the Latin American market to drive profitability. In contrast, L'Oréal aimed to target sustainability-minded consumers and continue Aēsop's global expansion, especially in China. Amidst various opportunities and challenges, the key question that loomed was whether L'Oréal overpaid to acquire Aēsop. #casestudy #management #aēsop #natura #brazil #china #growth #acquisition #valuation #brandvalue #france #expansion #leverage #casemethod #caseteaching For instructor material, please visit - https://lnkd.in/dWvpHZTP

L'Oréal CEO's revised growth forecast for the global beauty market has spurred industry interest in India's surging market, anticipated to reach $28.9 billion by 2026. Read the full press release here: https://lnkd.in/ejmva-Pp #JOMA #Loreal #MedicalAesthetics #Market #BeautyMarket #MarketForecast