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Paris, 20 October 2017 - L'Oréal announces today a strategic partnership with STATION F, the world's biggest startup campus in Paris, created and backed by leading French tech entrepreneur Xavier Niel. With this agreement, L'Oréal becomes STATION F's partner for development of early stage digital beauty startups worldwide.
Appointment
Clichy, 17 October, 2017 - Lucia Dumas has been appointed Executive Vice President of Communication and Public Affairs of the Group and will join the L'Oréal's Executive Committee at the beginning of January 2018.
International
Clichy / London, 5 October 2017 - L'Oréal and Founders Factory, a London-based leading global digital accelerator and incubator, announce their selection of startups for the second edition of their beauty tech accelerator.
Prizes
Clichy, 21 September 2017 - During the 8th Ceremony of the Grands Prix de la Transparence (Transparency Grand Prix), L'Oréal received the Transparency Grand Prix for its Code of Ethics (Grand Prix de la Transparence - Charte Éthique). It is the first time that this prize is awarded.
Governance
Clichy, 21 September 2017
Message from Jean-Paul Agon, Chairman and CEO of L’Oréal Group
I have just learned with great sadness the passing of Mrs Liliane Bettencourt, daughter of Eugène Schueller, founder of the L'Oréal Group.
International
The worldwide cosmetics market, estimated at a total of 205 billion euros, was stronger in 2016, with growth of +4.0%1. In this supply-driven market, spurred by innovation, quality and perceived results, L'Oréal strengthened its leadership2.
Acquisitions
Clichy, 8 September 2017 - After obtaining the necessary authorisations from the relevant authorities, L'Oréal and Natura Cosméticos SA have finalised on 7 September 2017, the definitive agreement for the sale of The Body Shop to Natura, in accordance with the terms of the project announced on 9 June 2017.
Document publications
On 3 August 2017, L’Oréal posted its 2016 Half-year financial report on the www.loreal-finance.com website.
This report, available for consultation and downloading, includes:
The 2017 Half-year activity report;
The condensed consolidated financial statements at 30 June 2017;
Results
Solid organic growth momentum: +4.3%1
Performances driven by Luxury and the New Markets
Significant increase in profits
Sales: 13.4 billion euros
o +4.3% like-for-like1
o +4.0% based on reported figures2
As of 30 June 2017, The Body Shop is accounted for a business held for sale.3
International
"In a highly volatile global market, L’Oréal Travel Retail had a good year and strengthened its leadership in the distribution channel(1). Digital technology is transforming and galvanising Travel Retail, particularly where Millennials(2) are concerned.
