On December 8, L’Oréal Groupe announced that it will increase its stake in Galderma Group AG, the Switzerland-based dermatology specialist, to 20%.
Tag: L’Oréal Group
French beauty giant L’Oréal has officially denied recent media reports claiming it will shut down its Hong Kong office and lay off over 200 employees, calling the information “inaccurate.”
On June 9, L’Oréal Group announced it has signed an agreement to acquire a majority stake in the British premium skincare brand Medik8.
On February 27, L’Oréal Groupe announced the official opening of its North America Research & Innovation (R&I) Center in Clark, New Jersey, following a $160 million investment.
On December 23, L’Oréal Group has announced an agreement to acquire Gowoonsesang Cosmetics Co., Ltd., a subsidiary of Swiss retail group Migros, which includes the South Korean skincare brand Dr.G.