General Information:
With 19 global brands and presence in 130 countries around the globe, L'Oréal is the world’s largest cosmetics producing company. The company was founded as Société Française de Teintures Inoffensives pour Cheveux, in 1909, by Eugène Schueller, a French chemist. The company has a strong R&D division, and approximately 3.4% of the company’s annual sales were allocated to R&D in 2006.Activities:
L'Oréal is a market leader in cosmetics and beauty care related products. Products like hair color, sun screen, make-up, and perfumes are made by the production houses of the company. The company also has interests in dermatological products and holds several patents in nanotechnology. Best selling brands of the company include Maybelline, Lancôme, Redken, and SoftSheen.Performance:
L'Oréal is on a path of growth in the financial markets. The company achieved sales worth $17,210.8 million in 2005. The net income of the company during this fiscal year was $2,336.6 million.Organization:
L'Oréal is headed by Mr. Lindsay Owen-Jones, Chairman, and Mr. Jean-Paul Agon, CEO. The company had an employee count 52,403 in 2005.Corporate Address:
41, rue Martre, 92117 Clichy, FranceTelephone: +33-1-47-56-70-00
Fax: +33-1-47-56-80-02
Website: www.loreal.com
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