LOreal
L’Oréal technology incubator’s Guive Balooch on marrying beauty and tech
Though a 15-year-veteran in beauty, Guive Balooch, head of L’Oréal’s technology incubator, considers his outsider-turned-insider perspective a skill. Balooch started his professional career as an instructor at the University of California, Berkeley before working in pharmaceuticals. “I spent almost half of my life really focused on academia and science,” he said on the most recent …
L’Oréal Names President Research, Innovation And Technologies
L’Oréal has appointed Barbara Lavernos as president research, innovation and technologies as of February 1, 2021. Lavernos, who was previously EVP, chief technologies & operations officer, succeeds Laurent Attal, who will retire at the beginning of February after 34 years with the Group. Under Attal’s leadership, the L’Oréal Research Division made progress, as much …
Jury says L’Oreal stole startup’s hair care technology
A Delaware jury on Monday issued a verdict worth about $37 million to Olaplex LLC, a beauty startup that says industry giant L’Oreal SA copied its hair bonding technology. The jury’s verdict form was issued under seal, but Olaplex lawyer Joseph Paunovich of Quinn Emanuel Urquhart & Sullivan said in an interview that the jury …
