What is happening with L'Oréal?
L'Oréal has reported that its India business saw accelerated growth in the first half of 2026, primarily fueled by strong demand in the haircare and skincare categories. The company is currently working to deepen its presence in the Indian market, highlighted by a planned acquisition of a majority stake in the personal care player Innovist. While the company's SAPMENA-SSA region overall posted a healthy like-for-like growth of 13.8%, it has noted some regional consumption headwinds in Gulf countries due to geopolitical tensions, with Saudi Arabia being a notable exception. These results underscore L'Oréal’s strategy of leaning into high-growth emerging markets to balance its global performance and offset regional volatility in its broader beauty and personal care portfolio.
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