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L'Oréal Elvive is owned by L'Oréal S.A., headquartered in France. No. The ultimate owner of L'Oréal Elvive, L'Oréal S.A., is headquartered in France, not in the United States.
L'Oréal S.A. is the world's largest cosmetics and personal care corporation, managing a diverse portfolio of luxury and consumer brands focused on hair care, skincare, and makeup.
L'Oréal Italia S.p.A.
Sources: loreal.com, en.wikipedia.org
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