L’oreal Overview
L’oreal is a world-renowned cosmetics company whose products are sold in almost every country around the globe. They are based in Clichy, France from where the company control majority of their operations. Established in 1953 with a small store, they have now become the number one cosmetics company in the world. There is a plethora of luxury and consumer brands owned by the company that include Lancome, Kiehl’s, Garnier, Lancome, Giorgio Armani, and Ralph Lauren. The main competitors of company in the cosmetic world are Shiseido, Revlon, and Estee Lauder. The founder of the company was Eugene Schueller.
In addition to their main headquarters, the company has offices in many other countries, such as United States, Malaysia, and Canada.
L’oreal Important Facts
The annual revenue of the company is more than US$ 33 billion, whereas their total equity is over US$ 30 billion. The company has divided their operations into various divisions that include Lancome, Maybelline, and NYX Cosmetics. The company is an active member of CAC 40. The Chief
Executive Officer and Chairman of the company is Jean Paul Agon.
L’oreal Brands
There are more than 80 cosmetics brands owned by the company that is divided into various categories, such as L’Oreal Luxe, Active Cosmetics, Professional Products, and Cosmetics Products. Some lesser-known brands of the company are Vichy, Skinceuticals, Lancome, Carol’s Daughter, Redken, Diesel, Ralph Lauren, Shu Uemura, Matrix, Helena Rubinstein, and Dermablend.
