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Skincare

Bettencourt Family and Nestlé Renew Partnership Agreement with L’Oréal

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SHERIDAN, WYOMING – May 9, 2025 – The Bettencourt family and Nestlé S.A. have announced that their partnership agreement with L’Oréal, which was initially signed in 2004, remains intact and continues to guide their stakes in the global beauty giant. The deal ensures that the two entities will work together with L’Oréal for the foreseeable future, maintaining strategic unity in one of the most recognized beauty companies in the world.

L'Oréal Reports 13.6% Sales Growth in Q1 1998

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SHERIDAN, WYOMING – May 9, 2025 – L'Oréal's latest quarterly sales report showcases impressive growth, with consolidated sales for the quarter ending March 31, 1998, reaching FF 18.76 billion. This marks a significant 13.6% increase compared to the same period in 1997. The results highlight the company's strong performance across multiple sectors, driven by both organic growth and strategic acquisitions.