L'Oreal Sees Positive Growth, with €32.80 Billion in Sales Across All Divisions and Regions

L'Oréal Groupe has announced nine-month fiscal 2025 sales of €32.80 billion, marking positive growth of 3.4% like-for-like/1.2% as reported. Q3 like-for-like growth was actually more robust, at 4.2%, totaling €10,333.7 million (0.5% growth as reported).

The news comes just days after Kering and L’Oréal announced that they are entering a long-term strategic partnership in luxury beauty and wellness. The agreement, including the sale of Creed (acquired by Kering in 2023) and the establishment of 50-year licenses on key Kering brands, including Gucci, is valued at €4 billion (more than $4.6 billion dollars). The deal is expected to close in the first half of 2026. L’Oréal will also pay royalties to Kering for the use of its licensed brands.

L'Oréal Reports Strong Global Growth Across All Divisions and Regions

L'Oréal has seen growth in all divisions and regions, boosted by continuing recovery in North America and mainland China. Strong momentum in hair care and fragrances is reported, along with improvements in makeup sales. 

See highlights from the first nine months:

• The net impact of changes in the scope of consolidation was more than 0.6%.
• Growth at constant exchange rates came out at more than 4.0%.
• Currency fluctuations had a negative impact of less than 2.8%
• Double-digit online growth
• Growth in both volume and value

2025 Q3 and Nine-Month Revenue and Growth (Like-for-Like) by Division

• Professional Products
  • Q3: €1,233.0 million | +9.3%
  • Nine-Months: €3,779.6 million | +7.4%
• Consumer Products
  • Q3: €3,763.4 million | +3.8%
  • Nine-Months: €12,176.4 million | +3.1%
• Luxe
  • Q3: €3,719.7 million | +2.5%
  • Nine-Months: €11,377.6 million | +2.2%
• Dermatological Beauty
  • Q3: €1,617.6 million | +5.1%
  • Nine-Months: €5,473.4 million | +3.7%

Strong momentum in hair care and fragrances is reported, along with improvements in makeup sales. ltyuan at Adobe Stock

Professional Product Accelerate, Reigniting the Salon Market through Tailored Services

With the ongoing focus on reigniting the salon market through tailored salon services, professional products continued to outperform, fueled by major brands like Kérastase (bolstered by the successful launch of Gloss Absolu). While growth in the hair care market was negative, brands continued to innovate, including Matrix Super Sync and the successful relaunch of Majirel by L'Oréal Professional.

Hair Care Leads Consumer Product Division, with Makeup, Skin Care and Hair Color Not Far Behind 

Hair care led with high single-digit growth, supported by the global rollout of L'Oréal Paris Glycolic Gloss and Garnier Fructis Curl Method. Makeup outpaced the market, with brands like Maybelline Colossal Bubble Mascara, L'Oréal Paris Faux Brow and NYX Smushy Lip Balm accelerating their growth. Hair color remained resilient, thanks to Color Sensation, while skin care saw success with L'Oréal Paris’ Revitalift Eye Bag Instant Eraser and Garnier’s momentum in emerging markets.

Luxe Invests in Fragrances, with Makeup and Skin Care Maintaining Strong Growth

Luxe continued to invest in fragrances like Valentino’s Born in Roma Donna and Uomo, Yves Saint Laurent’s Libre and MYSLF, Emporio Armani and Lancôme’s Idôle franchise. Noticeable launches included Paradigme by Prada, Miutine by MiuMiu and Aesop Fragrance Collection. Yves Saint Laurent and Prada continued to drive couture makeup brands. Skin care brand Medik8 maintained strong double-digit growth.

Dermatological Brands See Momentum with Innovative Ingredients 

Dermatological Beauty showed strong momentum as brands continued to highlight innovations in ingredients. La Roche-Posay outperformed the market, driven by Cicaplast and anti-pigmentation technology Melasyl. SkinCeuticals saw growth with P-Tiox as well as the HA Intensifier innovations. CeraVe saw gradual re-acceleration, driven by hair and skin care innovations. Vichy also saw growth with the success of the anti-aging innovation Collagen16.