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L'Oréal announced today that it has been recognized by the Ethisphere Institute as a 2015 World's Most Ethical Company®. The World's Most Ethical Companies designation recognizes organizations that have had a material impact on the way business is conducted by fostering a culture of ethics and transparency at every level of the company.

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With the opening of a Boutique in the Cour des Senteurs in Versailles, Guerlain is choosing to unite its destiny with that of the former Royal City. This new Guerlain Boutique looks to pay a contemporary homage to the expertise of French artistic craftsmanship, a real living heritage.

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Quarterly information report at the end of September 2014 12% growth in sales at constant exchange rates over the first nine months of 2014 Paris, 6 November 2014

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