Founded in Paris in 1953, L’Oreal has risen to become the world’s number one cosmetics company. L’Oreal owns a host of well-known consumer and luxury brands, such as Garnier, Maybelline, Lancôme, and Kiehl's as well as perfume brands Ralph Lauren and Giorgio Armani. It also owns popular salon professional product makers Matrix and Kérastase. Additions to its portfolio include Clarisonic facial cleansing device (Pacific Bioscience Labs), SkinCeuticals skincare, and nail polish maker Essie Cosmetics.