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Alain and Gérard Wertheimer
- It is privately owned by French brothers, Alain and Gérard Wertheimer, through the holding company Chanel Limited, established in 2018 and headquartered in London.
en.wikipedia.org/wiki/Chanel
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L'Oréal S.A. (French: [lɔʁe.al]) is a French multinational personal care corporation registered in Paris [2] and headquartered in Clichy, Hauts-de-Seine. [3] It is the world's largest cosmetics company, with activities spannning skin care, sun protection, make-up, perfume, hair care and hair color.
Sep 25, 2024 · L’Oréal SA is the world’s largest developer, manufacturer, and seller of commercial and professional hair, beauty, and health products. The company has more than 90,000 employees worldwide and markets 37 global brands including L’Oréal Paris, Garnier, Maybelline, Lancôme, and Redken.
In 1909, Eugène Schueller, a young chemist with an entrepreneurial spirit, founded the company that was to become the L’Oréal Group. It all began with one of the first hair dyes that he formulated, manufactured and sold to Parisian hairdressers.
- Cerave
- Maybelline New York
- Nyx Professional Makeup
- Garnier
- Redken
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Type of Business: SkincareAcquisition price: $1.3 billionDate it was purchased: 2017Type of Business: CosmeticsAcquisition price: $758 millionDate it was purchased: 1996Type of Business: CosmeticsAcquisition price: $500 millionDate it was purchased: 2014Type of Business: Skincare and haircareAcquisition price: UndisclosedDate it was purchased: 1965Type of Business: Hair careAcquisition price: UndisclosedDate it was purchased: 1993A leader in both the science and art of beauty, L'Oréal has targeted acquisitions that continually add the world's best brands to the company's portfolio. Overall, it owns more than 35 different brands.
Nov 1, 2016 · In 2008, SM rationalized the Parisian brand which has become part of The SM STORE’s razor-sharp focus on growing its shoe business inside the department store.
Oct 28, 2016 · Over the years, Parisian has transformed from mere “functional”, “simple” and “affordable” to “haute” and “trendy” today to cater to a dynamic and stylish breed of shoppers. In fact, Parisian was inspired by SM Founder and Chairman Henry Sy’s travels to Paris in the 1950s.
2 days ago · Chanel is one of the world’s best-known luxury labels, but the family that owns the $20 billion brand remains shrouded in mystery. Brothers Alain and Gérard Wertheimer are rarely photographed.
