{"id":15405,"date":"2025-11-17T08:39:34","date_gmt":"2025-11-17T06:39:34","guid":{"rendered":"http:\/\/jhb-webdevelopers\/channelafrica\/news\/loreal-buys-second-chinese-skincare-stake-as-c-beauty-brands-snare-market-share\/"},"modified":"2026-02-27T16:27:38","modified_gmt":"2026-02-27T14:27:38","slug":"loreal-buys-second-chinese-skincare-stake-as-c-beauty-brands-snare-market-share","status":"publish","type":"news","link":"https:\/\/www.channelafrica.co.za\/channelafrica\/news\/loreal-buys-second-chinese-skincare-stake-as-c-beauty-brands-snare-market-share\/","title":{"rendered":"L&#8217;Or\u00e9al buys second Chinese skincare stake as C-Beauty brands snare market share"},"content":{"rendered":"<div>L&#8217;Oreal did not disclose the size or cost of the stake, but L&#8217;Oreal North Asia President and China Chief Executive Officer, Vincent Boinay, said it highlights how central China is to the company&#8217;s global strategy.<\/div>\n<div><\/div>\n<div class=\"x_elementToProof\">&#8220;We firmly believe investing in China is investing in the future, and we will continue to cultivate the Chinese market, work with more Chinese brands to create a beautiful future and meet the expectations of sophisticated Chinese consumers,&#8221; he said in a statement.<\/div>\n<div><\/div>\n<div><em>Reuters<\/em>\u00a0was unable to contact\u00a0 for comment for this story.<\/div>\n<div><\/div>\n<div>The investment in Lan comes after L&#8217;Oreal paid 442 million Yuan ($62 million) for a 6.67% stake in Chando, as disclosed by the Shanghai-based company last month in its prospectus for an IPO in Hong Kong.\u00a0China has been challenging for international players, as an increasing proportion of its $75 billion beauty and personal care market has been won in recent years by domestic brands, dubbed C-Beauty. At the same time, overall growth has slowed, with consumer confidence hit by a prolonged property crisis and widespread concerns about job stability.<\/div>\n<div><\/div>\n<div class=\"x_elementToProof\">Buying stakes in well-known domestic names could be a shortcut for L&#8217;Oreal to piggyback on C-beauty&#8217;s momentum, said Ben Cavender, Managing Director at Shanghai-based China Market Research Group.<\/div>\n<div><\/div>\n<div>&#8220;L&#8217;Oreal and other international brands face a tremendous amount of pressure from domestic brands that are iterating new products faster, and often have been more aggressive at marketing new skincare ingredients, concepts, and routines,&#8221; he said.<\/div>\n<div aria-hidden=\"true\"><\/div>\n<div>&#8211;Reuters&#8211;<\/div>\n","protected":false},"featured_media":15406,"template":"","meta":{"_acf_changed":false},"news-type":[44],"class_list":["post-15405","news","type-news","status-publish","has-post-thumbnail","hentry","news-type-finance","entry"],"acf":{"short_description":"Cosmetics giant L'Oreal said on Monday it has taken a minority stake in mass-market Chinese skincare brand Lan, marking its second investment in recent months in China, where local brands have grown rapidly","published_date":"2025-11-17 00:00:00","news_description":"Cosmetics giant L'Oreal said on Monday it has taken a minority stake in mass-market Chinese skincare brand Lan, marking its second investment in recent months in China, where local brands have grown rapidly","form_embed":"","author":"","image_caption":""},"_links":{"self":[{"href":"https:\/\/www.channelafrica.co.za\/channelafrica\/wp-json\/wp\/v2\/news\/15405","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.channelafrica.co.za\/channelafrica\/wp-json\/wp\/v2\/news"}],"about":[{"href":"https:\/\/www.channelafrica.co.za\/channelafrica\/wp-json\/wp\/v2\/types\/news"}],"version-history":[{"count":1,"href":"https:\/\/www.channelafrica.co.za\/channelafrica\/wp-json\/wp\/v2\/news\/15405\/revisions"}],"predecessor-version":[{"id":19656,"href":"https:\/\/www.channelafrica.co.za\/channelafrica\/wp-json\/wp\/v2\/news\/15405\/revisions\/19656"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.channelafrica.co.za\/channelafrica\/wp-json\/wp\/v2\/media\/15406"}],"wp:attachment":[{"href":"https:\/\/www.channelafrica.co.za\/channelafrica\/wp-json\/wp\/v2\/media?parent=15405"}],"wp:term":[{"taxonomy":"news-type","embeddable":true,"href":"https:\/\/www.channelafrica.co.za\/channelafrica\/wp-json\/wp\/v2\/news-type?post=15405"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}