Does anyone know what "L'Oreal" means?

I named my daughter after the make-up "L'Oreal". I remember the night so vividly, I was about 8months pregnant, watching tv at 2am with a pint of Pecan Pareline's & Creame Ice cream....I was on the phone with my baby daddy when the commercial came on ...and I was like we are naming her L'Oreal...everyone thought I was joking, but I really did name her L'Oreal..I thought it was unique and different...Now she is asking what it means and all I can tell her is that I think it is French. She told me someone said it meant "beautiful one" I think she was just flattering herself though.