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L'Oreal warns weight loss drugs impact beauty sales

1 reports1 sources10/22/2026 updated

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L'Oreal reported that the rise of weight loss drugs has negatively impacted beauty and skincare sales, as rapid weight loss can cause loose skin, prompting the company to design products targeting this side effect. In Q3 2024, L'Oreal's revenue grew 7.7%, exceeding analyst expectations. The company also increased its stake in Galderma to 20% to expand in the clinical beauty sector. These statements reflect L'Oreal's view that weight loss drugs present both a challenge and an opportunity for product innovation in the clinical beauty space.

Written with AI from the reporting · updated 10/23/2026

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  1. 1Unclassified fact stationOct 23, 00:00recorded Oct 23, 07:36single sourcerevised

    L'Oreal says weight loss drugs impacting beauty sales

    Read original source ↗ BBC WorldReplay this moment in the explorer
    Evidence & revisions · 1 source records
    Subject:
    L'Oreal
    Action:
    said the rise of weight loss drugs has affected beauty and skin care sales
    Object:
    beauty and skin care sales
    Occurred (fact side):
    Oct 23, 00:00
    BBC World ↗Report pageRevision 3 · currently revised
    Published (valid side):
    Oct 23, 06:27
    First seen (known side):
    Oct 23, 07:36
    Fact stationSingle source · one-sided claimRevised

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Oct 23
  1. BBC WorldRelated fact: single sourceSource report revised
    L'Oreal adapts beauty and skincare products to address side effects of GLP-1 weight loss drugs

    Report first recorded Oct 23, 07:36

    L'Oreal stated that the rise of GLP-1 weight loss drugs, such as Ozempic, Wegovy, and Mounjaro, is impacting beauty and skincare consumption, prompting the company to design products targeting side effects like loose skin from rapid weight loss. L'Oreal reported a 7.7% rise in sales for the three months to September, exceeding analyst expectations. The company is also increasing its stake in dermatology firm Galderma to 20%, with both companies testing products for GLP-1 users concerned about facial appearance changes.

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