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  1. Home
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  3. Beauty & Personal Care
  4. Lancôme
Lancôme logo
Beauty & Personal Care

Who Owns Lancôme?

Lancôme is owned by L'Oréal S.A. (Euronext Paris: OR.PA), the world's largest cosmetics company. L'Oréal acquired Lancôme in 1964, 29 years after Armand Petitjean founded the brand in Paris. Lancôme operates as a wholly-owned brand within L'Oréal's Luxe division and is one of the division's largest revenue contributors, sold in over 130 countries worldwide.

Parent Company

L'Oréal S.A.

Acquired

1964

Status

Publicly Traded

Headquarters

Clichy, France

Lancôme Timeline

1909
L'Oréal S.A.

Parent company established in Clichy, Hauts-de-Seine, France

Company Founded
1935

Lancôme

Founded by Armand Petitjean

Founded
1964
Acquired by L'Oréal S.A.

L'Oréal S.A. acquired Lancôme

Acquired
luxurypremiumGlobalwomensOfficial Website

Who Owns Lancôme?

  • Parent Company: L'Oréal S.A.
  • Ownership Type: Wholly owned
  • Acquisition Year: 1964
  • Company Type: Publicly Traded
  • Stock Ticker: Euronext Paris: OR
BrandParent CompanyOwnership Type
LancômeL'Oréal S.A.Wholly owned

Where to Buy

Disclosure: We may earn commission from purchases
AmazonLancôme on Amazon

History of Lancôme

  • Founded: 1935
  • Founders: Armand Petitjean
  • Acquired by L'Oréal S.A.: 1964

Armand Petitjean founded Lancôme in 1935 in Paris, France. Petitjean was a former diplomat and fragrance executive who had previously worked at Coty, where he gained deep experience in the cosmetics and fragrance industry. He launched Lancôme with an initial collection of five fragrances at the Brussels World's Fair in 1935. The brand name was inspired by the ruins of the Château de Lancosme, a castle in the Indre region of France, and the brand's iconic rose symbol was drawn from the wild roses growing around the castle.

The timing was difficult. The Great Depression still gripped global markets, and launching a luxury beauty brand in 1935 required significant capital and conviction. Petitjean's vision was to create a French luxury beauty house that combined skincare, makeup, and fragrance under one brand. This was unusual at the time, as most beauty companies specialized in one category.

In 1936, Lancôme introduced its first skincare product, Nutrix face cream. The formula was developed by Lancôme's first scientific director, Dr. Pierre Vellon, and remained in production for decades. By 1938, the brand had expanded into makeup with the launch of Rose France, a pink-tinted face powder that became an early commercial success.

World War II disrupted Lancôme's operations, as it did for most French luxury brands. Petitjean kept the business afloat during the occupation by focusing on domestic sales and maintaining his Parisian boutique. After the war, Lancôme resumed international expansion, opening distribution channels in the United States and across Europe.

The 1950s and 1960s were a period of significant product innovation for Lancôme. In 1952, the brand launched Trésor, a fragrance that would become one of its most iconic products, though it was later reformulated and relaunched in 1990. The brand also expanded its skincare line with the introduction of the Lancôme Institute, a Paris-based treatment center that offered facials and beauty consultations.

L'Oréal acquired Lancôme in 1964. The acquisition gave L'Oréal an established luxury brand with international recognition, which the company needed to compete in the growing prestige beauty market. Petitjean died in 1969, but the brand he founded continued to grow under L'Oréal's ownership.

Under L'Oréal, Lancôme expanded rapidly in the 1970s and 1980s. The brand entered the Japanese market in 1968 and expanded across Asia throughout the 1970s. In 1980, Lancôme launched its first anti-aging skincare product, Niosôme, which used liposome technology to deliver active ingredients deeper into the skin. This product established Lancôme's reputation for scientific skincare innovation.

The 1990s saw Lancôme relaunch Trésor as a prestige fragrance, which became a global bestseller. The brand also introduced Poême in 1995, another successful fragrance. In skincare, Lancôme launched Visionnaire in 2012, a serum that became one of the brand's top-selling products globally. Advanced Génifique, launched in 2009, has sold over 30 million bottles and is one of the most successful skincare serums in the luxury beauty market.

In 2015, Lancôme launched Absolue, a premium anti-aging skincare line that expanded the brand's presence in the ultra-luxury skincare segment. The brand has continued to invest in AI-powered skin diagnostics, launching the Éclat de Lune AI skin analysis tool in 2023.

Lancôme has also built a significant digital presence. As of July 2025, the brand's Instagram account has approximately 14.5 million followers, making it one of the most followed luxury beauty brands on the platform. The brand has leveraged celebrity ambassadors including Julia Roberts, Penélope Cruz, Zendaya, and Lily Collins to maintain its cultural relevance.

About L'Oréal S.A.

What does L'Oréal own?
L'Oréal owns approximately 37 international beauty brands organized across four divisions. In Consumer Products: L'Oréal Paris, Garnier, Maybelline New York, NYX Professional Makeup, and Essie. In L'Oréal Luxe: Lancôme, Kiehl's, Giorgio Armani Beauty, Yves Saint Laurent Beauté, Urban Decay, and Aesop. In Professional Products: Kérastase, Redken, L'Oréal Professionnel, Matrix, and Color Wow. In Dermatological Beauty: La Roche-Posay, CeraVe, Vichy, and SkinCeuticals.

Is L'Oréal publicly traded?
Yes, L'Oréal S.A. is listed on Euronext Paris under ticker OR and is a component of the CAC 40 index. The company has been publicly traded since 1974. The Bettencourt Meyers family holds approximately 33% of the capital, providing effective influence without majority control. The remainder is held by institutional investors, Nestlé (which holds a reduced minority stake), and public shareholders.

Who founded L'Oréal?
L'Oréal was founded in 1909 by Eugène Schueller, a French chemist who developed a synthetic hair dye formula called Auréale for Parisian hairdressers. Schueller incorporated the company in Clichy and built it into a major French consumer company over his lifetime. His daughter Liliane Bettencourt inherited control of the family holding, and her descendants, the Bettencourt Meyers family, remain the largest shareholders today.

Where is L'Oréal headquartered?
L'Oréal is headquartered in Clichy, Hauts-de-Seine, France, where Eugène Schueller founded the company in 1909. The headquarters is located in the western suburbs of Paris, close to the company's historic manufacturing and research facilities. L'Oréal's global R&D headquarters is also located in France, in the Aulnay-sous-Bois area.

How many brands does L'Oréal own?
L'Oréal owns approximately 37 international brands across its four divisions. The company has historically grown through acquisition, adding major brands at regular intervals. The most recent significant additions include Aesop (acquired 2023), Skinbetter Science (2023), and the House of Creed plus 50-year beauty licenses for Bottega Veneta, Balenciaga, and Alexander McQueen (acquired March 2026 through the Kering Beauté transaction). The Gucci 50-year beauty license begins after Coty's current license expires.

Who owns L'Oréal?
L'Oréal is a publicly traded company. The Bettencourt Meyers family, descendants of founder Eugène Schueller, hold approximately 33% of the capital through their family holding company Téthys. Nestlé S.A. holds a reduced minority stake of less than 10%. The remainder is held by institutional investors worldwide. Nicolas Hieronimus serves as CEO, appointed in May 2021, and Jean-Paul Agon serves as non-executive Chairman.

Is L'Oréal cruelty free?
L'Oréal's brands are not independently certified as cruelty free by Leaping Bunny or PETA's Beauty Without Bunnies program at the group level, primarily because L'Oréal has sold products in markets where animal testing is mandated by local regulators. The company states it does not conduct animal testing itself. Chinese regulatory reforms since 2021 have reduced mandatory testing requirements for ordinary cosmetics. Consumers should verify the current status of individual L'Oréal brands through the Leaping Bunny database, as certification status varies by brand and market.

What is L'Oréal's annual revenue?
L'Oréal reported full-year 2025 sales of €44.05 billion, growth of 4.0% on a like-for-like basis and 1.3% as reported. The operating margin reached a record 20.2%. Earnings per share were €12.71. E-commerce represented 30% of total sales. The company has grown revenue from approximately €25 billion in 2015 to €44 billion in 2025, driven by both organic growth and acquisitions.

  • Founded: 1909
  • Headquarters: Clichy, Hauts-de-Seine, France
  • Company Type: Publicly Traded
  • Stock: Euronext Paris: OR
  • Revenue: €44.05 billion (FY2025)
  • Employees: More than 95,000

Visit L'Oréal S.A. website

View full company profile for L'Oréal S.A.

Where Is Lancôme Made / Based?

  • Headquarters: Clichy, France
  • Manufacturing / Operations: France, United States, China, Japan, Brazil, India

Lancôme Categories & Tags

Luxury BeautySkincareMakeupFragranceFrench BrandPrestige Cosmetics

Lancôme Sustainability & Ethics

Lancôme operates under L'Oréal's group-wide sustainability program, "L'Oréal for the Future," which sets targets for 2030. These include using 100% recycled or bio-based plastic in packaging, reducing greenhouse gas emissions by 50% per finished product, and sourcing 100% of bio-based ingredients sustainably. As of L'Oréal's 2024 sustainability report, the company reported that 73% of new or renovated products had an improved environmental or social profile.

Lancôme is not certified cruelty-free by Leaping Bunny or PETA. L'Oréal stopped testing finished products on animals in 1989 but continues to sell in mainland China, where post-market animal testing is legally permitted for imported cosmetics. This disqualifies Lancôme from cruelty-free certification under both Leaping Bunny and PETA standards. L'Oréal has invested over €1 billion in alternative testing methods since 1989 and has been a leader in developing in vitro testing technologies, but the China market requirement remains a barrier to certification.

Lancôme is not vegan-certified by The Vegan Society. Some products contain animal-derived ingredients such as beeswax, lanolin, and carmine. The brand has not sought formal vegan certification, though certain individual products are formulated without animal-derived ingredients.

L'Oréal has faced criticism from environmental groups regarding packaging waste in the luxury beauty sector. In response, Lancôme has introduced refillable packaging for several products, including the Absolue skincare line and select fragrances. The brand has also reduced the weight of glass bottles and increased the use of recycled glass. However, critics note that luxury beauty packaging remains resource-intensive.

Lancôme's supply chain includes sourcing of natural ingredients like jasmine, rose, and other botanicals from regions including Egypt, France, and Madagascar. A 2024 BBC investigation found that jasmine used by Lancôme and other luxury perfume brands was picked by minors in Egypt. L'Oréal responded by stating it was "actively committed to respecting the most protective internationally recognised human rights standards" and conducted an on-site human rights impact assessment in January 2024. The company stated it has an action plan with suppliers ahead of the June harvest.

Lancôme Recalls & Controversies

In August 2024, California's Proposition 65 notices of violation were filed against Lancôme by Environmental Health Advocates, Inc. The notices alleged that two Lancôme mascara products, Definicils High Definition Lengthening Mascara and CILS BOOSTER XL Mascara Base, exposed consumers to Diethanolamine (DEA), a chemical listed as a carcinogen under California Proposition 65. The notices alleged that Lancôme and retailer Sephora failed to provide required consumer warnings. The 60-day notices were filed in August 2024. The current status of these claims has not been publicly resolved as of July 2025.

In March 2025, L'Oréal recalled all lots of Effaclar Duo, an acne treatment sold under the La Roche-Posay brand (a L'Oréal sibling brand to Lancôme), in the United States due to benzene contamination. While this recall did not directly involve Lancôme products, it raised questions about benzene contamination risks across L'Oréal's portfolio. The recall was prompted by findings from independent laboratory Valisure, which had flagged benzene contamination in benzoyl peroxide acne treatments in 2024. The FDA did not issue a broader recall mandate as of July 2025.

In February 2024, a BBC investigation reported that jasmine used in Lancôme fragrance products, including Lancôme Idôle L'Intense, was harvested by child laborers in Egypt. The investigation found that minors picked jasmine at farms supplying Givaudan, a fragrance house that produces for Lancôme. L'Oréal stated it was "deeply alarmed" by the findings and that it had conducted an on-site human rights impact assessment in January 2024. Givaudan described the investigation as "deeply alarming" and committed to taking action. The current status is that L'Oréal has implemented an action plan with suppliers and deployed teams to Egypt to evaluate compliance ahead of the 2024 and 2025 harvest seasons.

Lancôme has faced ongoing criticism from animal welfare organizations regarding L'Oréal's sales in mainland China, where post-market animal testing is permitted for imported cosmetics. PETA and other advocacy groups have listed Lancôme as a brand that tests on animals. L'Oréal maintains that it does not test finished products on animals except where required by law and has invested heavily in alternative testing methods. This issue remains unresolved as L'Oréal continues to sell in the Chinese market.

Brands Owned by L'Oréal S.A.

GarnierBeauty Personal Care

Garnier

Owned by L'Oréal S.A.

French beauty and personal care brand owned by L'Oréal, offering affordable skin care, hair care, and hair color products inspired by natural ingredients across more than 65 countries.

hair-careskin-careaffordable-beauty
L'Oréal ParisBeauty Personal Care

L'Oréal Paris

Owned by L'Oréal S.A.

L'Oréal Group flagship mass-market beauty brand, sold in over 150 countries. Skincare, haircare, makeup, and hair colour products.

beautyskincarehaircare
MaybellineBeauty Personal Care

Maybelline

Owned by L'Oréal S.A.

Maybelline is the world's number one makeup brand, owned by L'Oreal S.A. (Euronext: OR) and sold in over 120 countries.

makeupcosmeticsbeauty
NeutrogenaBeauty Personal Care

Neutrogena

Owned by L'Oréal S.A.

Dermatologist-recommended skincare brand owned by Kenvue, specializing in cleansers, acne treatments, sun protection, and anti-aging products.

skincaredermatologistacne
View all brands owned by L'Oréal S.A.

Lancôme Ownership: Pros & Cons

Advantages

  • +Access to L'Oréal's industry-leading R&D infrastructure, including 4,000+ researchers and a €1.3 billion annual budget
  • +Global distribution network spanning 130+ countries through premium retail partners
  • +Financial stability from L'Oréal's €43.48 billion in annual revenue provides resilience during economic downturns
  • +Shared manufacturing infrastructure across L'Oréal facilities reduces per-unit production costs
  • +Strong digital and e-commerce capabilities backed by L'Oréal's group-level technology investments

Considerations

  • -Not cruelty-free certified due to sales in mainland China, limiting appeal to ethically conscious consumers
  • -Internal competition within L'Oréal Luxe from YSL Beauty and Giorgio Armani Beauty for the same consumer segment
  • -Dependency on L'Oréal's supply chain, meaning disruptions at the parent level affect Lancôme directly
  • -Child labor controversy in the jasmine supply chain has not been fully resolved as of July 2025
  • -Proposition 65 notices regarding DEA in mascara products remain unresolved

Frequently Asked Questions About Lancôme

Sources & Further Reading

  • L'Oréal Investor Relations, 2024 Annual Results
  • L'Oréal Sustainability Report 2024
  • BBC News, "Luxury perfumes linked to child labour, BBC finds" (February 2024)
  • California Office of the Attorney General, Proposition 65 Notices (August 2024)
  • Bloomberg, "L'Oreal Recalls Acne Treatment Effaclar Duo in US on Cancer-Linked Benzene" (March 2025)
  • Leaping Bunny Brand Search
  • PETA Beauty Without Bunnies
  • Euronext Paris: L'Oréal S.A. (OR.PA)
  • Lancôme Official Website
  • Wikidata: Lancôme entity

Competitors to Lancôme

These competing brands operate in the same categories and provide similar products or services. Compare key attributes to understand market positioning and competitive landscape.

BrandParent CompanyCountryFoundedMarket PositionPrimary MarketGender Target
L'Oréal ParisL'Oréal ParisSister Brand
Loreal
France
1909
Market leaderGlobalAll Genders
Benefit CosmeticsBenefit Cosmetics
Lvmh
United States
1976
PremiumGlobalWomens
Fenty BeautyFenty Beauty
Lvmh
United States
2017
PremiumGlobalWomens
MeccaMecca
Mecca Brands
Australia
1997
PremiumAustraliaUnisex
SephoraSephora
Lvmh
France
1969
PremiumGlobalFemale-focused
Ultra BeautyUltra Beauty
Ulta Beauty Inc
USA
1990
Mass marketGlobalUnisex

Learn More About Competitors

L'Oréal ParisBeauty Personal Care

L'Oréal Paris

Owned by L'Oréal S.A.

L'Oréal Group flagship mass-market beauty brand, sold in over 150 countries. Skincare, haircare, makeup, and hair colour products.

beautyskincarehaircare
Benefit CosmeticsBeauty Personal Care

Benefit Cosmetics

Owned by LVMH Moët Hennessy Louis Vuitton SE

American beauty brand known for playful makeup products and eyebrow expertise, owned by LVMH.

cosmeticsmakeupeyebrows
Fenty BeautyBeauty Personal Care

Fenty Beauty

Owned by LVMH Moët Hennessy Louis Vuitton SE

Inclusive cosmetics brand co-created by Rihanna and LVMH in 2017, known for 40-shade foundation range and the Fenty Effect on the beauty industry.

cosmeticsmakeupinclusive-beauty
MeccaRetail Ecommerce

Mecca

Owned by Mecca Brands (RTCH Pty Ltd)

Australian beauty retailer founded in 1997 by Jo Horgan, offering cosmetics, skincare, fragrance, and personal care products across physical stores and online platforms, serving as one of Australia's largest beauty retailers.

beauty-retailcosmeticsskincare
SephoraBeauty Personal Care

Sephora

Owned by LVMH Moët Hennessy Louis Vuitton SE

Global prestige beauty retailer owned by LVMH. Founded in 1969 in France, Sephora operates over 2,200 stores in 35 countries. Offers cosmetics, skincare, fragrance, and haircare from hundreds of brands in a self-service retail format.

cosmeticsbeautyretail
Ultra BeautyBeauty Personal Care

Ultra Beauty

Owned by Ulta Beauty, Inc.

American beauty and cosmetics retailer offering a wide selection of makeup, skincare, and beauty products.

cosmeticsbeautyretail

Competitive Analysis

Market Positioning: Lancôme competes with 6 brands in the same categories, ranging from mass market to luxury positioning.

Geographic Distribution: Competitors are headquartered across multiple regions, indicating global competition in this market segment.

Brand Heritage: Competitor brands range from established heritage brands to newer market entrants, with founding years spanning several decades.

Independent Alternatives to Lancôme

Looking for brands with different ownership structures? These similar brands are not owned by L'Oréal S.A., giving you alternative choices that support different corporate structures.

Dollar Shave ClubBeauty Personal Care

Dollar Shave Club

Owned by Nexus Capital Management

American direct-to-consumer razor and grooming brand known for its subscription model and viral marketing.

razorsgroomingdtc
Privately Owned

Dollar Shave Club is privately owned, unlike Lancôme which is under a publicly traded parent company.

RoCBeauty Personal Care

RoC

Owned by Unknown Company

French-American dermatological skincare brand specializing in anti-aging and retinol formulations, owned by Bridgepoint Group.

skincareanti-agingretinol
Independent

RoC is privately owned, unlike Lancôme which is under a publicly traded parent company.

ActivexBeauty Personal Care

Activex

Owned by Evyap

Turkish antibacterial soap and personal hygiene brand owned by Evyap, one of Turkey's largest consumer goods manufacturers. Activex uses silver ion technology and is sold primarily in Turkey and Middle Eastern markets.

antibacterialsoappersonal-hygiene
Privately Owned

Activex is privately owned, unlike Lancôme which is under a publicly traded parent company.

ArkoBeauty Personal Care

Arko

Owned by Evyap

Turkish brand of men's grooming and shaving products manufactured and marketed by Evyap, known for affordable quality shaving soaps.

shavingsoapmens
Privately Owned

Arko is privately owned, unlike Lancôme which is under a publicly traded parent company.

DuruBeauty Personal Care

Duru

Owned by Evyap

Turkish beauty and bath soap brand manufactured by Evyap. Sold in over 100 countries. Known for natural ingredients including olive oil, shea butter, and coconut. Market leader in Eastern Europe and Central Asia.

soapbeautybath
Privately Owned

Duru is privately owned, unlike Lancôme which is under a publicly traded parent company.

FaxBeauty Personal Care

Fax

Owned by Evyap

Mass-market soap and personal care brand owned by Evyap, sold in over 100 countries with strong positions in Eastern Europe and the Middle East.

soappersonal-careaffordable
Privately Owned

Fax is privately owned, unlike Lancôme which is under a publicly traded parent company.

L'Oréal S.A. Stock Information

Jobs at L'Oréal S.A.

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Last reviewed: August 1, 2025 · Reviewed by Who Brands Editorial Team