QUOTE AND NEWS
Forbes  Jun 22  Comment 
The fast growing Indian beauty market holds strong potential for L’Oreal , which has been looking to grow market share in the region. According to experts, India’s retail beauty and cosmetics industry is likely to reach $ 2.68 billion by 2020,...
The Hindu Business Line  Jun 17  Comment 
French cosmetics and beauty major L’Oreal, which aims to add more than one billion new consumers globally over the next decade, believes a significant contribution will come from India. The company h...
The Economic Times  Jun 15  Comment 
The new range called ‘Garnier Ultra Blends’ will be spread across shampoo, conditioners and oil and cream segment.
Wall Street Journal  Jun 8  Comment 
L’Oréal’s transition to smaller product packaging shows how growth in India—often hailed as one of the last great untapped markets—can be elusive and complicated.
Forbes  May 24  Comment 
A few days ago, L’Oreal announced a partnership with Founders Factory, a global digital and incubator based in London. The exclusive partnership will enable the companies to invest in Beauty tech startups across the world along with the...
Forbes  May 17  Comment 
L’Oreal is probably the most digitally advanced beauty company working on several initiatives to bring technology to its beauty products. The company recently announced a strategic investment in “Founders Factory”, a multi sector digital...
CNNMoney.com  Apr 19  Comment 
Here's what you need to know about the markets before you start your business day.
The Economic Times  Apr 19  Comment 
At 0715 GMT, the pan-European FTSEurofirst 300 index was up 0.6 percent after setting its highest level in more than one month.
newratings.com  Apr 18  Comment 
CLICHY (dpa-AFX) - Cosmetics and beauty products giant L'Oreal Co., (LRLCY.PK) on Monday said its first-quarter sales rose 1.8 percent, as revenues grew across all divisions. Sales for the quarter rose to ¤6.55 billion from ¤6.44 billion...




 
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L'Oreal is the world's largest producer of beauty and personal care products (e.g. perfume, makeup, shampoo).


Business Outline

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Trends and Forces

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Older Women and Men Will Drive Cosmetics Demand

Traditionally women aged 15-30 formed the consumption base for cosmetics companies. Since 2001 7 million new men consumers entered the cosmetics market. This growth is shown in the accompanying table. Men are beginning to purchase facial skincare products.


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Emerging Market Growth Will Increase Global Disposable Income

As emerging markets in Asia, Africa, and South America grow, income growth will spur consumption. This presents an opportunity for consumer product companies like L'Oreal. Each year 60 million new consumers achieve an income level that allows them to buy more sophisticated cosmetics products.[6] This demand growth will be seen in both the middle and high income segments of the consumer population as seen in the table.

Competition


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References

  1. LRLCY 2007 Annual Report, Consolidated Financial Results, pg. 20
  2. LRLCY 2007 Annual Report, Market Trends, pg. 31
  3. LRLCY 2007 Annual Report, Market Trends, pg. 31
  4. LRLCY 2007 Annual Report, Market Trends, pg. 31
  5. LRLCY 2007 Annual Report, Market Trends, pg. 31
  6. LRLCY 2007 Annual Report, Market Trends, pg. 31
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