L’Oréal is a French multinational cosmetics and beauty company, considered one of the world’s largest and most prominent players in the industry. Founded in 1909 by Eugène Schueller, a young French chemist, L’Oréal initially focused on hair dye formulations, which later expanded to include skincare, makeup, perfume, and hair care products.
The company’s headquarters are located in Clichy, Hauts-de-Seine, France. L’Oréal operates globally, with a presence in over 150 countries. It owns a wide portfolio of brands catering to various segments of the beauty market, ranging from mass-market to luxury products. Some of the well-known brands under the L’Oréal umbrella include: L’Oréal Paris, Maybelline New York, Lancôme, Garnier, & Kiehl’s.
Seasonally L’Oreal has a great time of year too with an 80% winning trade percentage and a relatively low drawdown. Is this time to look at L’Oreal’s beautiful seasonal pattern?
The major trade risk here is that previous seasonal trends do not necessarily repeat themselves again each year.
Remember, don’t just trade it Seasonax It!