| ISIN | FR0000120321 |
|---|---|
| Industry | Q112166087 |
| Founded | 1909 |
| Headquarters | , |
| Revenue | 41,182,500,000 (2023) |
| 6,184,000,000 (2023) | |
L'Oréal is a cosmetics conglomerate headquartered in Clichy, France, with a presence in more than 130 countries. The company was founded in 1909 by Eugène Schueller as the Société Française de Teintures Inoffensives pour Cheveux.
Eugene Schueller became famous as the inventor of the formula for coloring hair. It was his discovery in 1907 of a formula to safely dye hair blond that brought him success.
By World War II, the company was growing rapidly, thanks to its use of both chemical innovation and extensive use of advertising as a lever for growth.