L’Oreal Paris is a well-known brand of cosmetics, skincare, and haircare products. It is owned by L’Oreal, which is a French multinational company that specializes in beauty and personal care products. Let’s take a closer look at who owns L’Oreal Paris and the history of the company.
History of L’Oreal Paris
L’Oreal was founded in 1909 by Eugène Schueller, who was a French chemist. He developed a hair dye formula that was safe to use and revolutionized the hair industry at that time. The company grew rapidly over the years and expanded its product range to include cosmetics, skincare, and perfumes.
Today, L’Oreal is one of the largest beauty companies in the world with over 35 international brands under its umbrella. Some of its other popular brands include Maybelline New York, Garnier, Lancôme, Yves Saint Laurent Beauté, Kiehl’s, and Urban Decay.
Who Owns L’Oreal?
L’Oreal is still owned by the founder’s family through their holding company called Gesparal. However, the company is publicly traded on several stock exchanges including Euronext Paris and the New York Stock Exchange.
The current CEO of L’Oreal is Jean-Paul Agon who has been with the company for over 40 years. He has been instrumental in expanding its global reach and diversifying its product portfolio.
L’Oreal Paris Products
L’Oreal Paris offers a wide range of beauty products including makeup for face, eyes, lips; skincare products for all skin types; haircare products for different hair types; and fragrances for both men and women. Some of their popular product lines are:
- L’Oreal True Match Foundation
- L’Oreal Voluminous Mascara
- L’Oreal Revitalift Anti-Aging Skincare
- L’Oreal Elvive Haircare
- L’Oreal Paris Colour Riche Lipstick
Conclusion
In conclusion, L’Oreal Paris is owned by L’Oreal which is a multinational company headquartered in France. The company was founded in 1909 and has grown to become one of the largest beauty companies in the world.
L’Oreal Paris offers a wide range of beauty products that cater to different needs and preferences. With their commitment to innovation and sustainability, L’Oreal is set to continue being a leader in the beauty industry for years to come.
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