As L’Oréal celebrates its 100th birthday, the company's luxury Products Division turns 45.
It’s been having a busy time. In July, for instance, the luxury division integrated YSL Beauté, with beauty brands such as Yves Saint Laurent, Stella McCartney, Ermenegildo Zegna and Boucheron. The addition brought more than three points of worldwide market share and allowed the division to claim pole position in the selective market, including the coveted top slot in women’s fragrance.
A Stella McCartney sketch of a custom dress made from protein-based silk in partnership with biotech lab Bolt Threads. The dress will be displayed at The Museum of Modern Art's upcoming design exhibition, "Items: Is Fashion Modern?"