Core Insights - L'Oréal's like-for-like growth accelerated to +4.9% in Q3, with contributions from all regions, particularly the US and mainland China [2][5] - The company announced a strategic alliance with Kering, acquiring Creed and enhancing its position in niche fragrances [4][48] - Overall sales for the first nine months reached €32.80 billion, reflecting a +3.4% like-for-like growth [5][9] Sales Performance - Sales for the first nine months of 2025 were €32.80 billion, up +1.2% reported and +3.4% like-for-like [5][9] - Growth at constant exchange rates was +4.0%, with currency fluctuations negatively impacting sales by -2.8% [6][9] - All divisions showed growth, with double-digit growth online significantly outpacing the market [9][10] Division Performance - **Professional Products**: Grew +7.4% like-for-like and +5.3% reported, driven by strong e-commerce and salon services [11][12] - **Consumer Products**: Achieved +3.1% like-for-like growth, with notable improvements in North America and emerging markets [15][16] - **Luxe Division**: Grew +2.2% like-for-like, with strong performance in fragrances and a recovery in mainland China [19][20] - **Dermatological Beauty**: Posted +3.7% like-for-like growth, led by brands like La Roche-Posay and SkinCeuticals [23][25] Regional Performance - **Europe**: Sales grew +3.6% like-for-like, with strong momentum in premium haircare and Luxe brands [27][28] - **North America**: Grew +1.8% like-for-like, with significant gains in makeup and haircare [31][33] - **North Asia**: Sales increased +0.5% like-for-like, with mainland China showing signs of recovery [35][36] - **SAPMENA-SSA**: Grew +11.0% like-for-like, driven by strong performances across all divisions [38][40] - **Latin America**: Achieved +8.2% like-for-like growth, with strong contributions from Professional Products and Luxe [43][44] Strategic Developments - L'Oréal's acquisition of Color Wow and Medik8 strengthens its position in the premium haircare market [14][48] - The company received multiple accolades for its innovations and sustainability efforts, including recognition in TIME's Best Inventions of 2025 [48]