L’Oréal says India growth accelerated in H1, agrees Innovist majority stake

Haircare, skincare and e-commerce drove faster growth in India, L’Oréal said. The beauty major has also agreed to buy a majority stake in Indian personal-care company Innovist, with closing expected in the coming months subject to approvals.

— Filed Wed, 29 Jul, 2026, 23:05 IST · Source ET Small Business · Updated

L'Oréal said India growth accelerated in H1 2026, led by haircare, skincare and e-commerce. It also agreed to acquire a majority stake in Indian personal-care company Innovist, strengthening its local beauty portfolio and India expansion.