Top 20 L’Oréal Competitors & Alternatives in 2024

The top L’Oréal competitors are MAC, Maybelline, Dior, Chanel, Urban Decay, Clinique, Lancôme and others. A well-known French company, L’Oréal Paris is one of the leading companies in the personal care and cosmetic industry. The company is headquartered in France and established in the year 1909. Their famous products are color cosmetics, hair care, sun care, skin care, and fragrances. Their popular brands are L’Oréal Paris, Garnier, Softsheen and Maybelline New York.

The Group’s sales at 30 June 2023 amounted to 20.57 billion euros. L’Oréal annual net income for 2022 was $6.012B. L’Oréal annual gross profit for 2022 was $29.167B. L’Oréal net worth as of September 12, 2023 is $235.15B. Market cap as of  September 12, 2023 is $235.15B.

Standard & Poor’s Global again awarded L’Oréal 85 points out of 100 in its ESG rating, reflecting the Group’s performance in terms of sustainability

Their hair care products include Kerastase, Redken, Pureology, and Matrix. L’Oreal is regarded as one of the most ethical companies in the world. The popular actress Deepika Padukone is the brand ambassador of L’Oreal Paris.

Through this article, let us discuss the various L’Oréal competitors.

L’Oréal Top competitors

1) MAC

• Product Type: Cosmetics.
• Industry: Personal care.
• Founded: 1984
• Founders: Frank Toskan and Frank Angelo.
• Headquarters: New York City, New York, United States.
• Area Served: Worldwide.
• Current CEO: Michele Scannavini

A famous cosmetics manufacturer, MAC cosmetics, is headquartered in New York, United States. It is the leading professional makeup authority in the world. It produces a wide range of products for all ages. The various products of MAC serve the demand of consumers and professional makeup artists. The products of MAC are Prep + Prime, Pro Longwear, Lightful C, Mineralize, and Studio.

The company’s net current assets are worth 57,212 British pounds. When it comes to beauty and health online shop users, brand awareness of Mac Cosmetics is at 52% in the United States. M·A·C Cosmetics has an approximated net worth of about $108 million.

The MAC Prep + Prime are a lightweight gel lotion that is formulated with a special-effect silicone. It evens out the redness in skin and skin tone and adding on radiance. It improves the laydown and application of any foundation or powder. Their various products are Prep + prime transparent finishing powder, Prep + Prime natural radiance, Prep + Prime BB beauty balm, Prep + Prime fix +, Prep + Prime moisture infusion, and many more.

The MAC Pro Longwear is focused to keep the makeup for long hours. The various products are Fluidline, Pro Longwear Paint Pot, Pro Longwear Foundation, Pro Longwear Concealer, Pro Longwear Lip Pencil, and many more.

The MAC Lightful C is imparted with a lightful radiance booster and vitamin C. This helps to correct the overall complexion by reducing the appearance of pores and reducing the dark spots. The MAC Mineralize is a face powder that provides a radiant finish. It adds highlights to the high points. The various products of MAC Mineralize are Mineralize Skinfinish, Mineralize Blush, Mineralize Eye Shadow, and many more. Due to their various products, MAC is considered as one of the top L’Oréal competitors.

2) Maybelline

• Product Type: Cosmetics, skincare, and personal care products.
• Industry: Personal care.
• Founded: 1915
• Founder: Thomas Lyle Williams.
• Headquarters: New York City, New York, United States.
• Area Served: Worldwide.
• Current CEO: Nicolas Hieronimus

Maybelline is one of the top cosmetics company in the United States. It helps women to discover new looks and exhibit their own creativity and individuality. Maybelline provides scientifically-advanced formulas, radical textures, and trendsetting shades to enhance the beauty of women. Maybelline produces various products for eyes, faces, and lips.

The various products for eyes are eyeshadows and eyeshadow primers, brows, eyeliner, and mascara collections that are designed to alter the look. The eyeliners are available in liquid, gel, waterproof, and pencil form. The various products for the face are foundation, concealers, powders, blushes, primers, contour, and highlighter. The products help the users to get their look. The lip products are lipstick, lip balm, lip color, lip gloss, and lip liner.

Maybelline New York has a calculated net worth of about $46.64 million. Maybelline New York earns an estimated $9.33 million a year.

Maybelline also produces accessories that are designed by the expert team of makeup artists. Their various beauty tools are brushes, makeup tools, and removers. Maybelline also provides makeup tips through their step by step guidance in their tutorials. Due to their various products, Maybelline is considered as one of the top L’Oreal competitors.

3) Dior

• Product Type: Luxury fashion, beauty, and lifestyle products.
• Industry: Luxury goods.
• Founded: 1946
• Founder: Christian Dior.
• Headquarters: Paris, France.
• Area Served: Worldwide.
• Current CEO: Delphine Arnault
• Revenue: EUR 21,120 B (June 2023)
• Market cap: $148.42 Billion (September 2023)

Christian Dior was a French fashion designer, who was the founder of the top fashion houses called Christian Dior. It is currently owned by Groupe Arnault. Their fashion stores are available across the globe. Christian Dior is engaged in the production and distribution of consumer goods.

The Company hands out its products through the Company-owned shops and licensed distributors situated across Europe, the United States, Japan, and the Asia Pacific. Christian Dior has their business operations in about 400 subsidiaries around the world. Their main products are fashion accessories for men and women, fragrance, makeup products, skin care products, jewelry, timepieces, and baby products.

The company’s gross profit was  EUR 14,658.50 B as of June 2023 and the net income was EUR 1,756 B.

Dior provides various products for face, eyes, lips, and nails. Dior produces various face products like primers, foundations, cushions, concealers, powders, blush, and highlighters. Their various products for eyes are eye primers, mascaras, eyeshadows, eyeliners, and eyebrows. Lip primers, lipstick, lip gloss, and lip liners are various products for lips. To take care of nails, Dior produces nail lacquers and manicure kit.

Due to their wide reach and products, Christian Dior is considered as one of the top L’Oréal competitors.

4) Chanel

• Product Type: Luxury fashion, beauty, and lifestyle products.
• Industry: Luxury goods.
• Founded: 1910
• Founder: Gabrielle “Coco” Chanel.
• Headquarters: Paris, France.
• Area Served: Worldwide.
• Current CEO: Alain Wertheimer
• Revenue: $17.2 billion (2022)
• Number of employees: 32,000 (2022)
• Brand value: 15.3 billion (2022)

A private company of French, it was founded during the year 1909 by Coco Chanel. The company is headquartered in Paris, France. This brand is considered as the valued luxury brands across the world with their signature perfume.

It has a total brand value of $7 billion. Chanel is a high luxury brand that manufactures products like ready to wear clothes, luxury goods, makeup, and fashion accessories. The company sells the products across North, Central and South America, Europe, Asia, Middle East and Oceania. It sells their product through their 120 boutiques available across the globe. Apart from boutiques, their products are also available in various department stores and through online.

The Operating profit of $5,776 million was generated in 2022. The total number of employees working at Chanel in In 2022, Chanel’s worldwide brand value amounted to approximately 15.3 billion U.S. dollars.

Chanel has various makeup products for face, eyes, lips, and nails. The makeup products produced for the face are foundation, base, concealer, blush, powder, and highlighter. The products produced for eyes are eyeshadow, brow, mascara, and eyeliner. The various lip products are lipstick, lip gloss, lip liner, and lip care. They also produce various nail colors.

Chanel also focuses on producing various beauty tools for face, eyes, and lips. Due to their brand value and their wide reachability through online and offline stores, Chanel is considered as one of the top L’Oreal competitors.

5) Urban Decay

• Product Type: Color cosmetics.
• Industry: Personal care.
• Founded: 1996 by Wende Zomnir and Sandy Lerner.
• Founders: Wende Zomnir and Sandy Lerner.
• Headquarters: Newport Beach, California, United States.
• Area Served: Worldwide.
• Current CEO: Michele Scannavini

Also regarded as a top L’Oréal competitor, Urban Decay is an American cosmetic brand that is headquartered in Newport, California. Founded in the year 1996, Urban Decay products are being sold worldwide. Their produce various products for lip, eye, nail, face, and body products.

Urban Decay has always stood for the empowerment of women. During the earlier years, the prestige beauty market was known for pink, red and beige colors. Urban Decay gave women the different makeup colors they desired. It is a cruelty-free brand and it has committed to ending animal testing. Urban Decay does not test the products on animals nor others. Their Brand is certified by PETA as cruelty-free. The brand also certifies that the products are marked vegan and do not contain any animal-derived elements.

Urban Decay produces products for eyes, face, and lips. The various products for eyes are eyeshadow, eyeliner, eyeshadow primer, eyeshadow palettes, mascara, and brows.

The various products produced for the face are prep spray, primer, powder, highlighter, concealer, foundation, blush, and setting spray. Lipstick, lip gloss, lip pencil, and liquid lipstick are the products produced for lips. Urban Decay also manufacturers makeup removers and various tools for beauty. Due to their various products, Urban Decay is considered as one of the top L’Oréal competitors.

6) Clinique

• Product Type: Dermatologist-tested skincare and makeup.
• Industry: Personal care.
• Founded: 1968 by Evelyn Lauder and Norman Orentreich.
• Founders: Evelyn Lauder and Norman Orentreich.
• Headquarters: New York City, New York, United States.
• Area Served: Worldwide.
• Current CEO: Laurent Mercier

A famous American brand and established in the year 1968, Clinique is a personal care and cosmetic company that produces toiletries, skin care products, cosmetics, and fragrances. It is basically sold in high-end department stores in the USA.

This brand is best suited for this having sensitive or problematic skin. It is considered as one of the biggest skin care and cosmetic brands in the world. Clinique stores are seen in across 135 countries in the world. The products of Clinique are free from allergies and fragrance. It also has some non-comedogenic makeup products whose prices are little more. The various skin care products are cleaners & makeup, removers, exfoliators & masks, eye & lip care, hand & body care, and moisturizers.

In 2023, the Clinique brand was valued at approximately 4.8 billion U.S. dollars. When it comes to face care users, brand awareness of Clinique is at 74% in the United States.

Clinique also produces various makeup products for face, eye, and lips. Their products for face include blush, bronzer, concealer, foundation, and powder. For the eyes, Clinique produces brows, eyeliner, eyeshadow, and mascara. Lipstick and lip gloss for lips. As Clinique is one of the fastest growing personal and cosmetic companies, it is considered as one of the top L’Oreal competitors.

7) Lancôme

• Product Type: Luxury beauty products.
• Industry: Personal care.
• Founded: 1935 by Armand Petitjean.
• Founder: Armand Petitjean.
• Headquarters: Paris, France.
• Area Served: Worldwide.
• Current CEO: Nicolas Hieronimus

Lancôme is a French company founded almost 83 years ago. It is a part of L’Oréal luxury products and manufactures skin care, perfumes, fragrances and make-up products. The various skin care products available are cleansers & toners, exfoliators, makeup removers, eye and lip care, moisturizers, sun care and body, serums and treatments, concerns and masks.

Lancôme products are available to their customers through their online stores also. The company provides special offers for online customers. They also have the membership scheme where the customers can earn points each time when they purchase their products.

Lancôme produces various makeup products for the customers to put their best face forward. Their products cater to the requirements of the customers whether they are looking for trend products, classics or basics. Due to their various products, Lancôme is considered as one of the top L’Oréal competitors.

8) Estee Lauder

• Product Type: Luxury beauty products.
• Industry: Personal care.
• Founded: 1946 by Estée Lauder and Joseph Lauder.
• Founders: Estée Lauder and Joseph Lauder.
• Headquarters: New York City, New York, United States.
• Area Served: Worldwide.
• Current CEO: Fabrizio Freda
• Revenue: $3.609B (June 30, 2023)
• Market cap: $54.12B (September 13, 2023)
• Number of employees: 62,000 (2023)

Estee Lauder is an American company headquartered in New York, United States. This brand is famous for skin care products, makeup products, hair care products and fragrances. This company has a variety of products that are distributed globally through various channels like retail stores, online commerce, etc.

Estee Lauder net income for the quarter ending June 30, 2023 was $-0.033B. Estee Lauder gross profit for the quarter ending June 30, 2023 was $2.446B. Estee Lauder operating income for the quarter ending June 30, 2023 was $-0.005B.

Established in the year 1946, Estee Lauder started its journey in manufacturing four products like cleansing oil, all-purpose crème, skin lotion and crème pack. Later it expanded its production to various other products for cosmetics, fragrances and hair care.

Estee Lauder produces various products for face, eye, and lip makeup. The various products for face makeup are contouring, foundation, concealer, bronzer, powder, primer, and compacts. For the eye makeup, their products are contouring, eyeshadow, mascara, eyeliner, and brow pencil. Lipstick and lip gloss for lip makeup.

Apart from these products, Estee Lauder produces advanced products. Their famous product Advanced Night Repair helps to repair renews and hydrates the skin. The various products under Advanced Night Repair are Advanced Night Repair night cleansing balm, Advanced Night micro-cleansing foam, and Advanced Night Repair Eye. Due to their various kinds of products and quality focused in them, Estee Lauder is considered as one of the top personal brands in the world.

9) Nivea

• Product Type: Skincare and body care products.
• Industry: Personal care.
• Founded: 1911 by Oskar Troplowitz.
• Founder: Oskar Troplowitz.
• Headquarters: Hamburg, Germany.
• Area Served: Worldwide.
• Current CEO: Markus Bantle

Also regarded as a top personal care brand, Nivea is a German brand that was introduced in the year 1911. It is focused on various products for body-care, face, sun, men, and highlights. It is considered as one of the leading companies in the field of skin care.

The products of Nivea cater to the needs of our customers. The various products of body care are crème smooth foaming silk body wash, crème soft smooth foaming silk body washes, foaming oil body wash, enriched rich lotion, men body wash and many more.

As of 2023, the Nivea brand was valued at approximately 6.6 billion U.S. dollars.  NIVEA India has been recognized as India’s No. 1 Trusted Brand 2022 in the category of Skin Care by the prestigious brand intelligence firm TRA research. This is the second time that NIVEA India has been declared India’s Most Trusted Brand in the skin care category. In addition, NIVEA has also managed to secure the 78th rank among the overall 1000 Most Trusted Brands in India.

Nivea creams are exceptionally good. The classic Nivea crème in the blue tin is a very famous product. They also produce moisturizing Nivea soft cream which has Vitamin E and Jojoba Oil. The Nivea men crème is also famous across.  Due to their wide range of products, Nivea is considered as one of the top L’Oreal competitors.

10) Garnier

• Product Type: Hair care, skin care, and deodorant products.
• Industry: Personal care.
• Founded: 1904 by Alfred Amour Garnier.
• Founder: Alfred Amour Garnier.
• Headquarters: Clichy, Hauts-de-Seine, France.
• Area Served: Worldwide.
• Current CEO: Thibault De La Chevallerie

Garnier was established in the year 1904. Ever since then Garnier has their hair and skin experts working for them. The hair and skin products of Garnier are considered as one of the top brands across the China, Asia, India, and Japan. It blends the active natural ingredients into breakthrough formulas.

The main goal of Garnier products is to provide a healthy looking beauty that will connect the products with community and nature. It has committed itself to sustainable sourcing and reduces the environmental impact of the packaging of their products. Ever since its formation, it has been focused on developing innovative formulas for hair and skin care.

The brand value of Garnier was estimated at over nine billion U.S. dollars as of September 2023.

It has various available brands in the category Fructis, Whole blends, and skin active.

Garnier’s various products for hair care and style needs are Anti-Frizz, color care, curls, daily use, moisturize, straightening, texture, and volume. The skin care products produced by Garnier are anti-aging, cleanse, even skin tone, exfoliate, eye, makeup remover, and sun protection. Due to their various available brands and products, Garnier is considered as one of the top L’Oreal competitors.

11) Lakme

• Product Type: Color cosmetics, hair care, and skincare products.
• Industry: Personal care.
• Founded: 1952 by Hindustan Unilever.
• Founders: Hindustan Unilever.
• Headquarters: Mumbai, India.
• Area Served: Worldwide.
• Current CEO: Samir Singh
• Revenue: Rs 328 crore (FY2023)

A famous Indian cosmetic brand, Lakme is owned by Hindustan Unilever. It is the number one cosmetic brands in India. The various products of Lakme inspire every woman to express the unique beauty thereby enabling them to realize the strength of the beauty.

The beauty expert continuously innovates on various products to offer huge world-class cosmetics, beauty salons, and skin care products. It combines international cosmetic technology with a deep understanding of the needs of an Indian woman.  It also provides the consumers complete beauty products that suit many Indian skin tones.

Lakme produces various makeup products for eyes, face, lips, and nails. The products for eye makeup are eyeliner, mascara, eyeshadow, and face blush. For face makeup, the various products produced by Lakme are Face Blush, compact, foundation, and mousse. The products for lip makeup are lip balm, lip gloss, lip wear, and lipstick. To beautify the nails, Lakme produces nail enamel and various colors of nail paint.

Lakme Lever has over 450 owned/managed and franchisee salons. In the last year’s annual report, the number of saloons was 400.

They also produce various skin care products like hydrating cream, anti-aging, cream for skin brightening, cleansing cream, skin care + makeup, moisturizing cream, and sun protection cream. Due to their various products, Lakme is considered as one of the top L’Oreal competitors.

12) Yves Saint Laurent

• Product Type: Luxury fashion and beauty products.
• Industry: Luxury goods.
• Founded: 1961 by Yves Saint Laurent and Pierre Bergé.
• Founders: Yves Saint Laurent and Pierre Bergé.
• Headquarters: Paris, France.
• Area Served: Worldwide.
• Current CEO: Francesca Bellettini
• Revenue: € 1,576 million (H1, 2023)

Yves Saint Laurent is a French luxury fashion house headquartered in Paris, France.  It was founded in the year 1961. It is considered as the world’s noticeable fashion house. Yves Saint Laurent produces various makeup products for face, eye, lips, and nails. It also produces various beauty accessories.

Yves Saint Laurent provides various face makeup products like foundations, best primers, and concealers to improve the natural complexion. Few of their products for face makeup are All Hours Concealer, All Hours Foundation, Couture Contouring Palette, ToucheEclat, ToucheEclat Neutralizers, and many more.

Yves Saint Laurent provides eye makeup products to intensify the look of the eyes using eyeshadow, mascara, and eyeliner. Few of their products are Mascara Volume Effet Faux Cils, Couture Palette, Full Metal Shadow, Couture Brow Palette, Eye Due Smoker, and many more. Yves Saint Laurent various lip products like lipsticks, glosses, and lip liners are used to enhance the look of the lips. Various nail colors are produced for giving a unique look for the nails.

In the year 2022, Saint Laurent operated 57 stores throughout Western Europe. Saint Laurent had a total of 280 directly operated stores worldwide that year.

Yves Saint Laurent also produces various beauty accessories like Couture Contouring Brush, Foundation Brush, Eye Blending Brush Long, Powder Brush, Blush Brush, Eyeliner Brush, Polishing Brush, and many more. Due to their various available products, Yves Saint Laurent is considered as one of the top L’Oreal competitors.

13) Avon

• Product Type: Beauty and personal care products.
• Industry: Direct selling.
• Founded: 1886 by David H. McConnell.
• Founder: David H. McConnell.
• Headquarters: London, United Kingdom.
• Area Served: Worldwide.
• Current CEO: Angela Cretu
• Revenue: 2.77 billion (2022)

Also regarded as a top L’Oreal competitor, Avon is a well-known beauty company headquartered in London, United Kingdom. Founded in the year 1886, Avon is the fifth largest beauty company in the world. Avon produces various products like makeup, skin care, perfume, toiletries, and fashion.

The various categories of makeup products are lips products, face, eyes, and nails. It also produces various brushes and tools for the makeup purpose. Lipsticks, Lip Gloss, Lip Liner, and Lip Care are the products of lips makeup. The lipsticks are available in various colors.

In 2022, Avon’s fashion segment generated approximately 291 million U.S. dollars in net sales. In 2022, Avon’s beauty segment generated approximately 2.04 billion U.S. dollars in net sales. The market capitalization of Avon Products is about 2.48 B.

The face makeup products are the foundation, light, medium, and full coverage, powder, highlighter, concealer, primer, contour, bronzer, and blusher. The eye makeup products are mascara, eyeshadow, eyeliner, and brows. Avon produces various nail colors that suit the needs of the users. Due to their various products, Avon is considered as one of the top L’Oreal competitors.

14) Neutrogena

• Product Type: Skincare products.
• Industry: Personal care.
• Founded: 1930 by Emanuel Stolaroff.
• Founder: Emanuel Stolaroff.
• Headquarters: Los Angeles, California, United States.
• Area Served: Worldwide.
• Current CEO: Scott Friedman

An American brand of skin care, cosmetics and hair care, Neutrogena is headquartered in Los Angles, California. Founded in the year 1930, their products are distributed across 70 countries. It is dermatologist recommended skincare brand that offers a variety of products for hair and skin care. It is basically a brand of Johnson & Johnson Company.

The produce various makeup products for eyes, face, and lips. They even produce makeup removers.  The eye makeup products make the eyes stand out and also that matches the color of the skin. The face makeup products provide the user with beautiful makeup that takes care of every skin. Their skin care products provide facial cleanser, moisturizer, cream, serum, and masks. It also provides acne concern, aging skin concern, dark circles cream and many more.

They also manufacture sun cream products; makeup products for eyes, face, and lips, hair care products like shampoo and conditioners. As Neutrogena has gained acceptance in the medical profession and due to their available products, it is regarded as one of the top L’Oreal competitors.

15) Unilever

• Product Type: Fast-moving consumer goods.
• Industry: Consumer goods.
• Founded: 1929 by the merger of Dutch margarine producer Margarine Unie and British soap maker Lever Brothers.
• Founders: Antonius Johannes Jurgens, Samuel van den Bergh, Georg Schicht.
• Headquarters: London, United Kingdom.
• Area Served: Worldwide.
• Current CEO: Hein Schumacher
• Revenue: €60.073 billion (2022)
• Number of employees: 148,000 (2022)
• Market cap: $126.94 Billion (September 2023)

Unilever is a multinational corporation that sells consumer goods including foods, beverages, cleaning agents, and personal care products. The company is dual-listed, consisting of Unilever NV in Rotterdam and Unilever PLC in London. Unilever owns more than 400 brands, including 11 “billion-dollar brands,” which each achieve annual sales in excess of €1 billion. The company has reduced the carbon intensity of its energy use by 39% between 1995 and 2008 and is investing in more efficient power and steam generation technology and the development of less energy-intensive manufacturing processes. Unilever is committed to acting with the highest standards of corporate behavior towards its employees, consumers, and the societies and world in which it operates.

Unilever annual net income for 2022 was $8.052B.  Unilever annual gross profit for 2022 was $63.293B. Unilever annual operating income for 2022 was $11.331B.

16) Edgewell Personal Care

• Product Type: Personal care products
• Industry: Consumer products
• Founded: 2015
• Founders: Energizer Holdings
• Headquarters: Shelton, Connecticut, United States
• Area served: Worldwide
• Current CEO: Rod Little
• Revenue: $650 million(March 2023)
• Number of employees: 7,000 (2022)
• Market cap: $1.94B (September 13, 2023)

Edgewell Personal Care is a global company that produces a portfolio of leading shave, grooming, sun, skin, and feminine care products. The company has a rich heritage of over 200 years, and it has always been committed to category reinvention, which is critical in accelerating growth across its broad portfolio of personal care brands3. Edgewell’s mission is to reimagine personal care and enhance the lives of its consumers. The company’s philosophy is to infuse joy into the everyday by making personal care products that surprise and delight.

Edgewell Personal Care is a publicly traded company that was formed in 2015 following the corporate spin-off from Energizer Holdings. The company’s dedication to financial and strategic discipline is designed to translate its success into smart, stable growth for its investors3. Edgewell Personal Care has a hummingbird as its emblem, which represents motion, innovation, and resourcefulness, and it is always on the move to do better and be better.

Edgewell Personal Care Quarterly Net Income as of March 2023 is $53 million. Edgewell Personal Care Quarterly Gross Profit as of March 2023 is $280 million.

17) Revlon

• Product Type: Cosmetics, skin care, fragrance, and personal care
• Industry: Personal care
• Founded: 1932
• Founders: Charles Revson, Joseph Revson, and Charles Lachman
• Headquarters: New York City, New York, United States
• Area served: Worldwide
• Current CEO: Debra Perelman

Revlon, Inc. is an American multinational company that deals in cosmetics, skin care, fragrance, and personal care. The headquarters of Revlon was established in New York City on March 1, 1932, where it still remains. Revlon was founded by brothers Charles and Joseph Revson, and chemist Charles Lachman. Revlon products are sold in 150 countries and the company has many global locations including Mexico City, London, Paris, Hong Kong, Indonesia, Sydney, Singapore, and Tokyo. Revlon started with one single product, a new type of nail enamel and pooled their resources to develop a unique manufacturing process. Using pigments instead of dyes, Revlon developed a variety of new shades of nail enamel. Today, Revlon is a global leader in cosmetics and personal care products, with a wide range of products including makeup, skincare, hair color, fragrances, and beauty tools.

Revlon conducts its business exclusively through its direct subsidiary, Revlon Consumer Products Corporation, which is a wholly-owned subsidiary of Revlon, Inc. The company has several segments, including Consumer, Professional, and Other. The Consumer segment offers cosmetics, hair color, and beauty tools for the mass market. The Professional segment offers hair color, hair care, and styling products to salons and other professional channels. The Other segment includes the Elizabeth Arden business, which offers a range of skincare, fragrance, and cosmetic products. Revlon has a strong presence in the global market and is committed to providing high-quality products to its customers.

Revlon’s net sales were $615.2 million during the fourth quarter of 2022. In 2022, Revlon Inc. generated approximately 1,145 million U.S. dollars in gross profit. As of September 2023 Revlon has a market cap of $3.83 Million.

18) Coty

• Product Type: Cosmetics, fragrance, and skin care
• Industry: Personal care
• Founded: 1904
• Founders: François Coty
• Headquarters: New York City, New York, United States
• Area served: Worldwide
• Current CEO: Sue Y. Nabi
• Revenue: $1.352B (June 30, 2023)
• Number of employees: 11,350(2023)
• Market cap: $9.73B (September 13, 2023)

Coty Inc. is a French-American multinational beauty company founded in 1904 by François Coty. It is headquartered in New York City and operates in over 150 countries. Coty specializes in fragrances, cosmetics, and skin care products, and owns brands such as Calvin Klein, CoverGirl, and Rimmel London. The company has a diverse portfolio of products and has been recognized for its commitment to sustainability and social responsibility. Coty has also been involved in various philanthropic efforts, including supporting women’s empowerment and mental health initiatives. Coty is the world’s leading manufacturer of mass-market fragrances and occasionally markets products of other manufacturers.

Coty acquired 41 beauty brands from Procter & Gamble in 2016, becoming the global leader in fragrance, the second largest company for hair color and styling products, and the third largest company for color cosmetics.

Coty net income for the quarter ending June 30, 2023 was $0.030B. Coty gross profit for the quarter ending June 30, 2023 was $0.850B.

19) Yatsen Holding

• Product Type: Cosmetics and skin care
• Industry: Personal care
• Founded: 2016
• Founders: Jinfeng Huang and Lin Zhang
• Headquarters: Guangzhou, China
• Area served: Worldwide
• Current CEO: Jinfeng Huang
• Revenue: $118 million (June 30, 2022)
• Number of employees: 1,837 (2022)
• Market cap: $0.39B(September 13, 2023)

Yatsen Holding Limited (NYSE: YSG) is a China-based beauty group that produces and sells cosmetics and skincare products. The company owns three brands: Perfect Diary, Little Ondine, and Pink Bear. Yatsen’s mission is to create an exciting new journey of beauty discovery for consumers around the world. The company has gained significant popularity in China and has expanded its reach globally.

The company’s success can be attributed to its innovative marketing strategies, high-quality products, and strong brand recognition. Yatsen’s commitment to creating a unique beauty experience for its customers has helped it establish itself as a leading player in the beauty industry.

Yatsen Holding Quarterly Net Income as of June 2023 $-15 million. Yatsen Holding Quarterly Gross Profit as of June 2023 $88 million.

20) Procter & Gamble

• Product Type: Personal care, health care, and household products
• Industry: Consumer goods
• Founded: 1837
• Founders: William Procter and James Gamble
• Headquarters: Cincinnati, Ohio, United States
• Area served: Worldwide
• Current CEO: Jon R. Moeller
• Revenue: $20.553B (June 30, 2023)
• Number of employees: 107,000(2023)
• Market cap: $358.38 Billion (September 13, 2023)

Procter & Gamble (P&G) is an American multinational consumer goods corporation that specializes in personal health/consumer health, personal care and hygiene products. It was founded in 1837 by William Procter and James Gamble in Cincinnati, Ohio. P&G’s products are organized into several segments including beauty, grooming, health care, fabric and home care, and baby, feminine, and family care. The company manufactures well-known household products, including Crest, Charmin, Tide, Oral-B, Bounty, Febreze, Downy, and Gain. P&G is committed to making people’s lives better in small but meaningful ways, every day. The company’s purpose, values, and principles are grounded in a deep-rooted understanding between each other and their company that being their best and doing their best will lead to mutual success. P&G has demonstrated its competencies in consumer understanding, innovation, brand-building, go-to-market capabilities, and scale.

Procter & Gamble net income for the quarter ending June 30, 2023 was $3.312B. Procter & Gamble gross profit for the quarter ending June 30, 2023 was $9.940B.

Conclusion

The cosmetic industries are moving at a very fast pace to achieve their business goals and objectives. L’Oreal is making use of the expertise and considering the current trend in cosmetic, it tries its best to the cosmetic world to a better tomorrow.

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