Keraudy will take over from Umesh Phadke as the first female managing director of L’Oreal Thailand on April 1. She is currently general manager of L’Oreal Thailand’s consumer products division, and will come to the top position with significant experience in…
Scores of high-end cosmetics companies are setting up shop on Alibaba Group’s Tmall.com online marketplace as eCommerce continues to gain ground as a critical marketing and sales channel for reaching China’s increasingly sophisticated consumers. At the recent…
Global duty-free retailing is expected to reach nearly US$98 billion in revenue by 2019, according to a new study by global technology research and advisory company Technavio. With the expansion of low-cost airlines, many middle-class travellers are taking…
Asia is driving huge growth for cosmetics giant L’Oreal, despite a slowdown in Hong Kong. At the end of September, L’Oréal posted growth of 4.4 per cent on a like-for-like basis – and 21.9 per cent based on reported figures as the company expands its retail…
The L’Oréal chairman has stated that despite a market that slowed in the third quarter in Asia and in Travel Retail, L’Oréal Luxe has “strengthened its worldwide position with significant gains in Western Europe, in Asia, Pacific, in the Middle East and in…
L’Oréal has released its nine-months sales results pointing to strengthened growth in the North American Consumer Products Division; maintained growth in Western Europe; a temporary third quarter slowdown for L’Oréal Luxe in Asia; strong e-commerce sales…
With growing concerns of the effects of pollution on the skin in Asia, personalized routines are in demand now more than ever. International players like L’Oréal are looking to cater to this trend by developing even more specialized formulations that…
L’Oreal China turned the primary worldwide cosmetics model to verify a minimize in its retail costs within the wake of the mainland authorities’s affirmation of a tariff reduce this week. The federal government stated it might reduce the tariff on imported…
L’Oréal has named ‘Bisnis.com’, a team from the University of Indonesia as the national winner of its’ Brandstorm competition for their ‘Absolute Jetset’ concept for the Lancôme brand. Brandstorm is L’Oréal’s business competition for students to unleash their…
L’OREAL, the world’s largest cosmetics group, said growth in China slowed to 7.7 percent last year from that of 10.2 percent in 2013, as consumption growth slowed in China and globally. The French company’s total sales in China were 14.3 billion yuan (US$2.28…