New Delhi: French cosmetics major L’Oreal sees its India business “doing a great turnaround”, driven by improving team capabilities, increasing localisation, accelerating online commerce and rising demand for haircare and skincare products, said its global Chief Executive Officer Nicolas Hieronimus.
India recorded a “double-digit growth” in the group’s consumer products division business in the September quarter. Besides, its “emerging markets delivered spectacular growth, particularly in Brazil and India” in the professional products, according to the company’s latest earnings update.
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L’Oreal’s SAPMENA-SSA region posted adjusted like-for-like growth of 19.2 per cent in the third quarter of 2026, with India and Indonesia “further accelerated”, driven by haircare and skincare, the cosmetics major said.
The region comprises South Asia Pacific, the Middle East, North Africa and Sub-Saharan Africa, and is one of L’Oreal’s key operational and financial reporting regions.
In the earnings call, Hieronimus, who visited India a few weeks ago, said the country was witnessing a strong turnaround, supported by improvements in team capabilities and a greater focus on developing products tailored to local consumers.
“India, where I was just a couple of weeks ago, is doing a great turnaround there, both in terms of teams’ quality. We create for India much more than we did before,” said Hieronimus.
The company is also accelerating its online commerce strategy, particularly quick commerce, while expanding its skincare brands CeraVe and La Roche-Posay into new cities to tap the growing demand for specialised skincare products.
“We are accelerating in commerce, with a focus on quick commerce, which is an important part of the e-commerce market there,” he said.
L’Oreal is also expanding its presence in the der
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