L’Oréal reports growth in Q3 as Kering partnership cements luxury beauty leadership
Hot off the back of buying Kering's beauty division, L’Oréal Groupe has reported a steady acceleration in growth for the third quarter of 2025, with like-for-like sales up 4.9%.
For the first nine months of the year, sales totalled €32.8 billion (£28.5 billion), up 3.4% like-for-like.
Chief Executive Nicolas Hieronimus said: "As anticipated, our like-for-like growth continued to accelerate. The global beauty market remains dynamic with a progressive improvement in luxury, and our strength online allows us to outperform what is today the most dynamic channel."
L’Oréal’s Professional Products Division led growth, up 7.4% like-for-like, as it continued to outperform the market. The division benefited from new innovations, including Kérastase Gloss Absolu and Matrix Super Sync. July’s acquisition of Color Wow further strengthens the Group’s position.
The Consumer Products Division rose 3.1%. Each of the Group’s four global brands, Garnier, NYX, L'Oréal Paris and Maybelline grew.
L’Oréal Luxe posted 2.2% growth. Fragrance remained the category leader with standouts such as Valentino Born in Roma, YSL Libre, and Prada Paradigme. Newly integrated brand Medik8 continued to deliver double-digit gains.
The Dermatological Beauty Division achieved 3.7% like-for-like growth, supported by strong e-commerce performance and momentum from La Roche-Posay, CeraVe and SkinCeuticals.
This came just days after L’Oréal announced a long-term partnership with Kering, which includes the acquisition of the House of Creed and the addition of new fragrance and beauty licenses for Gucci, Bottega Veneta and Balenciaga.
Hieronimus described the alliance as "enormous potential for growth" that will "solidify our position as the world’s leading luxury beauty company."
Looking ahead, L’Oréal remains confident in its momentum. "As we head into the last quarter of the year, I am confident that we will continue to achieve another year of growth in sales and an increase in our profitability," concluded Hieronimus.
