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PARIS, Dec 2 (Reuters) - French cosmetics group L'Oreal will "definitely" look at an investment in Italian fashion group Armani and start working on it "very soon", Chief Financial Officer Christophe Babule said during a fireside chat with analysts on Monday.
Armani's will instructed heirs to gradually sell the fashion house he created or seek a market listing, starting with a 15% stake within 18 months, giving priority to L'Oreal, luxury conglomerate LVMH, eyewear maker EssilorLuxottica or another group of "equal standing".
(Reporting by Dominique Patton; Editing by Tom Hogue)
L'Oréal is the world leading cosmetic group. The group offers skincare products (38.6% of net sales), makeup products (19.4%), haircare products (16.2%), fragrances (13.7%), hair colouring products (8%) and other (4.1%). Net sales break down by family of products as follows:
- consumer cosmetics (36.7%): L'Oréal Paris, Garnier, Maybelline New York, NYX Professional Makeup, Essie Niely, Dark and Lovely, Mixa, MG and Carol's Daughter brands;
- luxury cosmetics (35.9%): Lancôme, Kiehl's, Giorgio Armani Beauty, Yves Saint Laurent Beauté, Biotherm, Helena Rubinstein, Shu Uemura, IT Cosmetics, Urban Decay, Ralph Lauren, Mugler, Viktor&Rolf, Valentino, Azzaro, Prada, Takami, A?sop, etc.;
- active cosmetics (16.2%): La Roche-Posay, Vichy, CeraVe, SkinCeuticals, Skinbetter Science, etc.;
- professional products (11.2%): L'Oréal Professionnel, Kérastase, Redken, Matrix and PureOlogy brands.
Products are marketed through mass distribution and distance selling, selective distribution, hair salons and pharmacies.
At the end of 2024, L'Oréal has 36 production sites worldwide.
Net sales are distributed geographically as follows: France (7.3%), Europe (25.4%), North America (27.1%), North Asia (23.7%), Asia-Pacific/Middle East/Africa (8.9%) and Latin America (7.6%).
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