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L’Oréal became France’s most valuable listed company on Tuesday, overtaking luxury giant LVMH as weaker demand continues to weigh on the global luxury sector. L’Oréal’s market capitalisation reached around €203 billion, compared with about €201 billion for LVMH, marking the first time since 2017 that a non-luxury company has held the top position on the […]
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Françoise Bettencourt Meyers, heiress to the L’Oréal fortune, has achieved a historic milestone by becoming the first woman to accumulate a wealth exceeding $100 billion, as reported by the Bloomberg Billionaires Index. The French beauty company, founded by her grandfather, has witnessed a remarkable surge in its stock market performance, reaching record highs in