L’Oréal says India growth accelerated in H1, plans majority stake in Innovist
Haircare, skincare and e-commerce led L’Oréal’s faster India growth in H1 2026. The beauty major also plans to acquire a majority stake in Indian personal-care company Innovist, subject to approvals. Globally, L’Oréal reported €23.78 billion in H1 sales and 6.8% like-for-like growth.
L'Oreal said India growth accelerated in H1 2026, led by haircare, skincare and e-commerce. It plans to acquire a majority stake in Indian personal-care company Innovist, adding local brands and deepening its presence in India’s fast-growing beauty market.
Why this matters
The update builds on recent signals about L’Oréal’s proposed Innovist acquisition, including reports of a ₹4,000 crore deal and India’s growing role in global FMCG M&A.
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