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Cosmetics Essay Preview: Cosmetics Report this essay . Corporate Overview 1.1 Corporate History In 1996, LOreal became the second largest cosmetics maker in the US, following the acquisition of Maybelline 1.2 Key Facts Sales (FY05) – US$18.1 billion, Assets (FY05) – US$ 29.8 billion 1.3 Subsidiaries/Affiliates One of major subsidiaries – LOreal UK Ltd (Revenue.