I have been reading a lot of information about L’Oreal lately with their purchase of The Body Shop, and thought you might be interested in a list of other skin/hair brands, all owned by L’Oreal:

Maybelline, Lancome, Shu Uemura, Kiehl’s, Biotherm, Vichy, Cacharel, Armani, Ralph Lauren, Helena Rubenstein, The Body Shop (coming soon), Redken, Matrix, Biotherm, Garnier

What does this mean to you?  Not that much really.  More than anything, it should remind you that so much in the world of brands is in your head.  I imagine there is more than a few similarities in the Loreal drugstore skin care and the Lancome skin care.  Just remember that when you shop.  L’Oreal has the research behind them – there is no reason that they wouldn’t be putting the benefits into their drugstore lines as well as their (highly overpriced, IMHO) Lancome brand.