L'Oréal acquires majority stake in Innovist
The acquisition reinforces L'Oréal's commitment to India and adds science-led personal care brands like Bare Anatomy and Chemist at Play.
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Global cosmetics and beauty company
loreal.comLast updated
In short: L’Oréal expanded its global footprint by acquiring a majority stake in Innovist and strengthened its focus on AI through a partnership with OpenAI.
The acquisition reinforces L'Oréal's commitment to India and adds science-led personal care brands like Bare Anatomy and Chemist at Play.
The fund supports climate-vulnerable communities globally, with over 30 projects in 32 countries since 2023.
The collaboration focuses on AI-powered consumer journeys and AI-powered métiers across research, science, and marketing.
The plan allows employees to purchase up to 300,000 shares with a 20% discount, rolled out in 63 countries.
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