Companies in this group embody Revlon Inc., Inter Parfums Inc., and South Korea-based Amorepacific Corp. Cosmetics stocks can be present in each the patron staples and shopper discretionary sectors. Queen Elizabeth was famously topped wearing Clarins cosmetics, after commissioning the company to create a shade of lipstick that went with her coronation robes. These days, she’s nonetheless using the model’s products often (Clarins holds a royal warrant for “skincare and cosmetics”), and it is rumored that its Ever Matte powder is among the many Queen’s must-haves. While makeup makes you look good and classy, skincare is the easiest way to ensure your skin remains wholesome and isn’t harmed through the use of an excessive quantity of makeup.

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As of 2016, the world’s largest cosmetics firm is L’Oréal, founded by Eugène Schueller in 1909 because the French Harmless Hair Colouring Company (now owned by Liliane Bettencourt 26% and Nestlé 28%; the remaining 46% is traded publicly). Cosmetics have been in use for thousands of years, with ancient Egyptians and Sumerians utilizing them. Regardless of the modifications in social attitudes towards cosmetics, ideals of appearance were sometimes achieved via using cosmetics by many.

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