LRLCF on OTC Markets Group

L'Oréal

Logo: L'Oréal, Public domain, via Wikimedia Commons4

French multinational cosmetics and beauty company

L'Oréal S.A. (French: [lɔʁe.al]) is a French multinational personal care corporation registered in Paris and headquartered in Clichy, Hauts-de-Seine. As of 2024, it is the world's largest cosmetics company. As of the early 2020s, L'Oréal owned 36 brands and 497 patents.2 It was founded by Eugène Schueller.1 Its chief executive is Nicolas Hieronimus (since 2021).1 It employed about 88,000 people.1 Its revenue was €41.2 billion in 2023.1 Its shares trade on OTC Markets Group under the symbol LRLCF.1 Wikipedia text CC BY-SA 4.0

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Last updated Oct 21, 2026.

Overview

1909Founded1

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  • TickerLRLCF on OTC Markets Group1
  • Industrycosmetics industry, fast-moving consumer goods, personal care product1
  • HeadquartersParis1
  • Websitewww.loreal.com
  • Legal formpublic limited company with a board of directors (n.o.s.)1
  • Listed onEuronext Paris (OR), OTC Markets Group (LRLCF)1
  • LEI529900JI1GG6F7RKVI533
  • StatusActive3
  • LEI statusIssued and current3
  • Registered address14 RUE ROYALE, 75008 Paris, France3
  • Registered withNational Institute of Statistics and Economic Studies, 6320121003
14 rue Royale à Paris
Photo: Erwmat, CC BY-SA 3.0, via Wikimedia Commons7

L'Oréal S.A. (French: [lɔʁe.al]) is a French multinational personal care corporation registered in Paris and headquartered in Clichy, Hauts-de-Seine. As of 2024, it is the world's largest cosmetics company. As of the early 2020s, L'Oréal owned 36 brands and 497 patents.2

Corporate structure

L'Oréal sits at the top of its group. 215 entities, 44 countries on record. Switch between the flow chart and the network, and select any entity to see its details.

  • L'Oréal Paris, France
    • L'Oréal Sverige Bromma, Sweden
    • L'Oréal USA New York City, New York, United States
    • Sanofi Subsidiary · 9.43% · Paris, France
      • Hoechst 100% · Frankfurt am Main, Germany
      • Ablynx Ghent, Belgium
      • Sanofi (Belgium) Machelen, Belgium
      • Chattem Subsidiary · 100% · Chattanooga
      • Genzyme Subsidiary · 100% · Cambridge, Massachusetts, United States
        • GENZYME THERAPEUTIC PRODUCTS LIMITED PARTNERSHIP Subsidiary · Boston, Massachusetts, United States
      • Sanofi-Aventis Korea Subsidiary · 100% · Seoul, South Korea
      • Shantha Biotechnics Subsidiary · 98.7% · Medchal
      • Bioverativ Subsidiary · Waltham
      • Sanofi (Japan) Subsidiary · Tokyo, Japan
      • Sanofi Medley Subsidiary · Campinas, Brazil
      • Winthrop Subsidiary · United Kingdom
      • Zentiva Subsidiary · Praha 10, Czechia
      • SANOFI AVENTIS SA Subsidiary · 100% · Barcelona, Spain
      • SANOFI PASTEUR SA DE CV Subsidiary · 100% · Mexico City, Mexico
      • AZTECA VACUNAS SA DE CV Subsidiary · Mexico City, Mexico
      • Carraig Insurance Designated Activity Company Subsidiary · Dublin, Ireland
      • CHINOIN GYÓGYSZER-ÉS VEGYÉSZETI TERMÉKEK GYÁRA ZÁRTKÖRŰEN MŰKÖDŐ RT. Subsidiary · Budapest, Hungary
        • SANOFI-AVENTIS MAGYARORSZÁG KERESKEDELMI ÉS SZOLGÁLTATÓ ZÁRTKÖRŰEN MŰKÖDŐ RÉSZVÉNYTÁRSASÁG Subsidiary · Budapest, Hungary
      • GENZYME FLANDERS Subsidiary · Geel, Belgium
      • HELVEPHARM AG Subsidiary · Vernier, Switzerland
      • Nattermann Verwaltungs GmbH Subsidiary · Frankfurt am Main, Germany
      • Opella Subsidiary · France
      • OPELLA HEALTHCARE AUSTRIA GMBH Subsidiary · Wien, Austria
      • OPELLA HEALTHCARE BELGIUM NV/SA Subsidiary · Machelen, Belgium
      • OPELLA HEALTHCARE POLAND SPÓŁKA Z OGRANICZONĄ ODPOWIEDZIALNOŚCIĄ Subsidiary · Warsaw, Poland
      • OPELLA HEALTHCARE SLOVAKIA S.R.O. Subsidiary · Bratislava, Slovakia
      • and 24 more
    • Aesop Subsidiary · Collingwood
    • Biotherm Subsidiary · Levallois-Perret
    • CeraVe Subsidiary
    • Clarisonic Subsidiary · Redmond
    • Garnier Subsidiary · Paris, France
    • Helena Rubinstein Subsidiary
    • IT Cosmetics Subsidiary · Jersey City, New Jersey, United States
    • Kiehl's Subsidiary · Third Avenue
    • L'Oréal Professionnel Subsidiary
    • La Roche-Posay Subsidiary
    • Lancôme Subsidiary · Courbevoie
    • Le Club des Créateurs de Beauté Subsidiary · Paris, France
    • Logona Subsidiary · Salzhemmendorf, Germany
    • Maison Margiela Subsidiary · Paris, France
    • Maybelline Subsidiary · New York City
    • Medik8 Subsidiary · Elstree and Borehamwood, United Kingdom
    • Niely Subsidiary
    • NYX Professional Makeup Subsidiary · El Segundo
    • Pureology Subsidiary
    • Sanoflore Subsidiary
    • Stylenanda Subsidiary · Seoul
    • Urban Decay Subsidiary · Roubaix
    • and 114 more

Built from parent and subsidiary links from GLEIF, the Global Legal Entity Identifier Foundation (CC0); subsidiaries, stakes and holdings from Wikidata (CC0). Each entity in the chart links to its source.

What it owns

What L'Oréal reports owning in its annual reports to the SEC: buildings, land and equipment, real estate and locations, investments, intangible assets and inventory, at the end of its latest fiscal year and a year before.

Stakes and holdings (Wikidata)

Things Wikidata records the company as owning, with the share when stated.1

The story

Founded by Eugène Schueller in 1909.1

Founding

In the early 20th century, Eugène Paul Louis Schueller (1881–1957), a French chemist, developed a hair dye formula called l'Auréale. Schueller formulated and manufactured his own products, which he sold to Parisian hairdressers. On 31 July 1909, Schueller registered his company, the Société Française de Teintures Inoffensives pour Cheveux (Safe Hair Dye Company of France), which eventually became L'Oréal. In 1920, the company employed three chemists; the number of employees continued to grow, with 100 by 1950, and 1,000 by 1984; in 2021, there was an estimated total of 85,252 worldwide.

After launching in the hair-colour business, L'Oréal branched out into other cleansing and beauty products. As of 2020, L'Oréal marketed in all sectors of the beauty business: hair colour, hair styling, body and skincare, cleansers, makeup, and fragrance.

Recent history and acquisitions

L'Oréal purchased Synthélabo, a pharmaceutical company, in 1973. Synthélabo merged with Sanofi in 1999 to become Sanofi-Synthélabo. Sanofi-Synthélabo merged with Aventis in 2004 to become Sanofi-Aventis.

Nestlé has owned a stake in L'Oréal since 1974, when it bought into the company at the request of Liliane Bettencourt, the daughter of the founder of L'Oréal.

In 1984, L'Oréal acquired part of Helena Rubinstein Incorporated from Albi International. The portions acquired were the Japanese and Latin American divisions of the company, along with overseeing the operations and the markets for those divisions. The joint venture partnership between L'Oréal and Albi International lasted until 1988, when L'Oréal brought the remainder of the company and has owned the entire company since then.

From 1988 to 1989, L'Oréal controlled the film company Paravision International, whose properties included the Filmation and De Laurentiis libraries. StudioCanal acquired the Paravision properties in 1994.

On 20 August 2002, L'Oréal announced that its wholly owned U.S. subsidiary, L'Oréal USA, had acquired ARTec Systems Group, Inc., a professional salon hair care and hair color company based in Port Washington, New York, for an undisclosed sum. Founded in 1990 by Leland Hirsch and Michael Mazzei, ARTec sold hair care, hair color and styling products under the Textureline, Purehair, Kiwi, Enamels and Spaline names through roughly 20,000 U.S. salons, and reported net sales to distributors of $38 million in the previous year. L'Oréal said the purchase was intended to broaden the L'Oréal Professionnel brand beyond hair color, which had accounted for the large majority of the division's U.S. sales. ARTec's Port Washington operations were merged into L'Oréal Professional's New York office, and both founders left their posts while remaining as contract consultants. The ARTec lines were subsequently absorbed into L'Oréal Professionnel and the standalone brand was retired.

On 17 March 2006, L'Oréal purchased cosmetics company The Body Shop for £562 million. In May 2008, L'Oréal acquired YSL Beauté for $1.8 billion.

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In 2014, L'Oréal finalized the acquisition of major Chinese beauty brand Magic Holdings for $840 million. In February 2014, L'Oréal agreed to buy back 8% of its shares for €3.4bn from Nestlé. In February 2014, Shiseido agreed to sell its Carita and Decléor brands to L'Oréal for €227.5 million (US$312.93 million (2014)). In June 2014, L'Oréal agreed to acquire NYX Cosmetics for an undisclosed price, bolstering its makeup offerings in North America. Also that year, L'Oréal announced it had agreed to purchase Brazilian hair care company Niely Cosmeticos Group for an undisclosed amount. In September 2014, L'Oréal acquired the brand Carol's Daughter. In July 2016, L'Oréal agreed to acquire IT Cosmetics for $1.2 billion.

In 2017, Bettencourt died and left the business to her daughter, Françoise Bettencourt Meyers.

In 2018, L'Oréal acquired the beauty technology company ModiFace. In May 2018, L'Oréal announced a new beauty and fragrance partnership with Valentino. In December 2020, L'Oréal announced that it would acquire Takami Co, a Japanese skincare company.

In 2021, L'Oréal announced the acquisition of the vegan skincare brand Youth to the People.

In April 2023, L'Oréal purchased Australian luxury cosmetics brand Aesop for US$2.53 billion. In December 2023, L'Oréal announced its acquisition of the Danish research company Lactobio.

In 2024, L’Oréal announced its acquisition of Gjosa, a Swiss water conservation startup. In February 2024, L’Oréal announced its signing of a long-term global licensing agreement for the creation, development and distribution of luxury beauty products by the Italian brand Miu Miu.

In August 2024, L'Oréal opened a research and innovation center in India. In December 2024, L'Oréal expanded its portfolio by acquiring a stake in a leading Korean cosmetics company Gowoonsesang Cosmetics and its brand Dr.G from Swiss retailer Migros. In March 2025, L’Oréal sold hair care brand Carol's Daughter to an unnamed entrepreneur.

In June 2025, L'Oreal signed an agreement to acquire haircare brand Color Wow.

In October 2025, L'Oreal announced a deal to buy Kering's beauty business for approximately €4 billion. The deal includes cologne brand House of Creed and exclusive rights to develop fragrances and beauty products for Kering labels—including Gucci, Bottega Veneta and Balenciaga—for 50 years.

In August 2026, Priyanka Bhargav joined L'Oreal India as the head of consumer intelligence and brand strategy.

From Wikipedia’s article on L'Oréal, shared under CC BY-SA 4.0.5

Leadership

Who has led L'Oréal, and when. Pick a name to see everywhere that person has worked.

197019801990200020102020
Board members and other officers (12)

Products and brands

Brand portfolio

Brands are generally categorized by their targeted markets, such as the mass, professional, luxurious, and active cosmetics markets. Galderma is directly attached to the head office. L'Oréal also owns interests in various activities such as fine chemicals, health, finance, design, advertising, and insurance.

In 2023, the World Intellectual Property Organization (WIPO)’s Madrid Yearly Review ranked L'Oréal's number of marks applications filled under the Madrid System as 1st in the world, with 199 trademarks applications submitted during 2023.

Marketing

In Kosovo, during the growth years of the mail-order business, L'Oréal and 3 Suisses founded Le Club des Créateurs de Beauté for mail-order sales of cosmetic products, with brands including Agnès b., Commence and Professeur Christine Poelman among others. In March 2008, L'Oréal acquired three Suisse's stake, taking sole control of the company. In November 2013, L'Oréal announced that Le Club des Créateurs de Beauté would cease activity in the first half of 2014.

Since 1997, L'Oréal has been an official partner of The Cannes Film Festival. In the years of L'Oréal sponsorship, many L'Oréal beauty ambassadors walked the red carpet of the Cannes Film Festival. In 2017, L'Oréal beauty ambassadors, including Julianne Moore, Susan Sarandon, Andie MacDowell, and Eva Longoria, were responsible for the film selection for the outdoor cinema during the Cannes Film Festival.

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L'Oréal's advertising slogan, "Because I'm worth it", was created in 1973 by 30-year-old McCann copywriter Ilon Specht for the Preference by L’Oréal hair color campaign and introduced by the model and actress Joanne Dusseau. In the mid-2000s, this was replaced by "Because you're worth it". In late-2009, the slogan was changed again to "Because we're worth it".

In 2012, L'Oréal inaugurated the largest factory in the Jababeka Industrial Park, Cikarang, Indonesia, with a total investment of US$100 million. The production will be absorbed 25 percent by the domestic market and the rest will be exported. In 2010, significant growth occurred in Indonesia with a 61 percent increase of unit sales or 28 percent of net sales.

In 2020, chief digital officer Lubomira Rochet reported in a video conference of the growing importance of e-commerce for the company, remarking that e-commerce makes 24% of its turnover in the third quarter of the year. Rochet stated as well that this 24% of the turnover "made it possible to offset 50% of the losses due to the closing of physical stores this year".

From Wikipedia’s article on L'Oréal, shared under CC BY-SA 4.0.5

Subsidiaries and ownership

Owners

Subsidiaries

All 75 subsidiaries

Also owns

  • Sanofi 9.4%
  • Gemey Paris
  • Guy Laroche
  • Logocos
  • Paloma Picasso

Former owners and parents

  • Eugène Schueller 100% Jul 30, 1909 to 1957
  • Liliane Bettencourt 100% 1957 to 1974
  • GESPARAL 53.8% 1974 to 2004

Subsidiaries (GLEIF)

From Wikidata.1 Ownership links from GLEIF, the Global Legal Entity Identifier Foundation (CC0); each one cites its LEI record.

Acquisitions

  1. Aug 30, 2023Acquired Aesop1
  2. 2014Acquired NYX Professional Makeup1
  3. 2006Acquired The Body Shop1
  4. 1964Acquired Lancôme1
  5. 1955Acquired Vichy1

Revenue over time

As stated on Wikidata, in the currency reported.

Revenue

L'Oréal revenue by year141.2B EUR in 2023+83% since 2014
020.0B EUR40.0B EUR60.0B EUR2014: 22.5B EUR22.5B EUR20142015: 25.3B EUR25.3B EUR2015+12%2016: 25.8B EUR25.8B EUR2016+2%2017: 26.0B EUR26.0B EUR2017+1%2018: 26.9B EUR26.9B EUR2018+4%2019: 29.9B EUR29.9B EUR2019+11%2020: 28.0B EUR28.0B EUR2020−6%2021: 32.3B EUR32.3B EUR2021+15%2022: 38.3B EUR38.3B EUR2022+18%2023: 41.2B EUR41.2B EUR2023+8%
  • 202341.2B EUR1
  • 202238.3B EUR1
  • 202132.3B EUR1
  • 202028.0B EUR1
  • 201929.9B EUR1
  • 201826.9B EUR1

Net income

L'Oréal net income by year16.2B EUR in 2023+26% since 2014
02.0B EUR4.0B EUR6.0B EUR8.0B EUR2014: 4.9B EUR4.9B EUR20142015: 3.3B EUR3.3B EUR2015−33%2016: 3.1B EUR3.1B EUR2016−6%2017: 3.6B EUR3.6B EUR2017+15%2018: 3.9B EUR3.9B EUR2018+9%2019: 3.8B EUR3.8B EUR2019−4%2020: 3.6B EUR3.6B EUR2020−5%2021: 4.6B EUR4.6B EUR2021+29%2022: 5.7B EUR5.7B EUR2022+24%2023: 6.2B EUR6.2B EUR2023+8%
  • 20236.2B EUR1
  • 20225.7B EUR1
  • 20214.6B EUR1
  • 20203.6B EUR1
  • 20193.8B EUR1
  • 20183.9B EUR1

Timeline

  1. May 1, 2021New chief executive Nicolas Hieronimus becomes CEO1
  2. 1909Founded Founded1

Sources

The numbers on this page point here. Each one links to the record it came from.

  1. 1
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