DAVOS: European Beauty Highlights Continent's Allure, L'Oreal Boss Says -- Market Talk

Dow Jones01-22

1130 GMT - Europe has great potential for growth in sector like cosmetics, despite persistent challenges, says Nicolas Hieronimus, chief executive of French beauty behemoth L'Oreal. "We have the talent, we have values that are attractive to that talent, we have innovation capacity, we have the biggest markets," Hieronimus tells a panel on Europe's future at the World Economic Forum in Davos, Switzerland. French and European beauty is "something that makes everybody dream," he says. "Our growth potential is huge," Hieronimus adds. "I'm very bullish for my company." He notes other growth areas for Europe, such as the space sector and healthcare. "I just wish we could find a way to be a bit faster," he says. (joshua.kirby@wsj.com; @joshualeokirby)

(END) Dow Jones Newswires

January 22, 2026 06:31 ET (11:31 GMT)

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French and European beauty is \"something that makes everybody dream,\" he says. \"Our growth potential is huge,\" Hieronimus adds. \"I'm very bullish for my company.\" He notes other growth areas for Europe, such as the space sector and healthcare. \"I just wish we could find a way to be a bit faster,\" he says. 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