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Encyclopedia > L'Oréal

The L'Oréal Group (Euronext: FR0000120321 (http://www.loreal-finance.com/v7/us/index.asp?page=bourse/cours_direct.asp?SRUB=10)), headquartered in Clichy, France, is the world's leading company in cosmetics and beauty. L'Oréal has developed activities in the field of cosmetics, concentrate on hair color, skin care, sun protection, make-up, perfumes and eaux de toilette, and hair care. L'Oréal is also active in the dermatological and pharmaceutical fields. This is a copyrighted and/or trademarked logo. ... Euronext N.V. is a European stock exchange with subsidiaries in Belgium, France, Netherlands, Portugal and the United Kingdom. ... Clichy (often called Clichy-la-Garenne or Clichy-sur-Seine) is a city in France, in the northwestern suburbs of Paris, on the left bank of the Seine. ... Closeup of a womans eye while wearing makeup Cosmetics or makeup are substances to enhance the beauty of the human body, apart from simple cleaning. ... This page is about the pleasant phenomenon. ... Ashlie from Lizzie McGuire, with green hair Hair coloring products generally fall into four categories: temporary, semipermanent, deposit only/demi, and permanent. ... Model of the layers of human skin In zootomy and dermatology, skin is an organ of the integumentary system; which is composed of a layer of tissues that protect underlying muscles and organs. ... Sunscreen or sunblock is a lotion that is applied to reduce skin damage by blocking ultraviolet radiation from the sun. ... Cosmetics or makeup are substances to enhance the beauty of the human body, apart from simple cleaning. ... For the book Perfume by Patrick Süskind, see Perfume (book). ... Long braided hair Hair is the filamentous outgrowth of the epidermis found in mammals. ... Dermatology is a branch of medicine dealing with the skin, its structure, functions, and diseases (from Greek derma, skin), as well as its appendages (nails, hair, sweat glands). ... Pharmacology (in Greek: pharmacon is drug, and logos is science) is the study of how chemical substances interfere with living systems. ...


Contents

History

In 1907, Eugène Schueller, a young French chemist, developed an innovative hair-color formula. He called his improved hair dye Auréole. With that, the history of L'Oréal began. Eugène Schueller formulated and manufactured his own products, which he then sold to Parisian hairdressers. 1907 was a common year starting on Tuesday (see link for calendar). ... Eugène Schueller (1881 - 1954) was the founder of LOréal, the worlds leading company in cosmetics and beauty. ... A chemist is a scientist who specializes in chemistry. ... The Eiffel Tower has become a symbol of Paris throughout the world. ...


In 1909, Schueller registered his company, the "Société Française de Teintures Inoffensives pour Cheveux", the future L'Oréal. The guiding principles of the company that would become L'Oréal were put into place from the start: research and innovation in the interest of beauty. 1909 was a common year starting on Friday (see link for calendar). ...


During early twentieth century, Schueller provided financially support and held meetings for La Cagoule at L'Oréal headquarter. La Cagoule was a violent French fascist-leaning and anti-communist group. L'Oréal hired several members of the group as executives after WWII. La Cagoule (The Cowl in French) was a violent French Nazi group active in the 1930s; the group attempted to overthrow the republican government. ... Benito Mussolini and Adolf Hitler Fascism (in Italian, fascismo), capitalized, refers to the right-wing authoritarian political movement which ruled Italy from 1922 to 1943 under the leadership of Benito Mussolini. ... Communism - Wikipedia /**/ @import /skins/monobook/IE50Fixes. ... German soldiers at the Battle of Stalingrad World War II was the most extensive and costly armed conflict in the history of the world, involving the great majority of the worlds nations, being fought simultaneously in several major theatres, and costing tens of millions of lives. ...


In 1920, the small company already employed 3 chemists. By 1950, the research teams were 100 strong; that number reached 1,000 by 1984 and is nearly 2,000 today. 1920 is a leap year starting on Thursday (link will take you to calendar) Events January January 7 - Forces of Russian White admiral Kolchak surrender in Krasnoyarsk. ... 1950 was a common year starting on Sunday (link will take you to calendar). ...


L'Oréal got its start in the hair-color business, but the company soon branched out into other cleansing/beauty products. L'Oréal now markets over 500 brands and more than 2,000 products in all sectors of the beauty business: hair color, permanents, styling aids, body and skin care, cleansers and fragrances. They are found in all distribution channels, from hair salons and perfumeries to hyper- and supermarkets, health/beauty outlets and direct mail.


L'Oréal has five worldwide research and development centers. Two in France: Aulnay and Chevilly. One in US: Clark, New Jersey. One in Japan: Kawasaki, Kanagawa. In 2005, one established in China: Shanghai. The phrase research and development (also R and D or R&D) has a special commercial significance apart from its conventional coupling of research and technological development. ... Aulnay-sous-Bois is a town of France, in the north-eastern suburbs of Paris. ... US,Us or us may stand for the United States of America us, the oblique case form of the English language pronoun we. ... Clark is a census-designated place located in Union County, New Jersey. ... State nickname: The Garden State Other U.S. States Capital Trenton Largest city Newark Governor Richard Codey (acting) Official languages None defined Area 22,608 km² (47th)  - Land 19,231 km²  - Water 3,378 km² (14. ... Temple at Kawasaki Kawasaki (Japanese: 川崎市; -shi) is a city located in Kanagawa, Japan. ... Kanagawa Prefecture (神奈川県; Kanagawa-ken) is a geographic and political area located in the Kanto region on Honshu island, Japan. ... 2005 is a common year starting on Saturday of the Gregorian calendar. ... Shanghai (Chinese: 上海; pinyin: ; Shanghainese IPA: ) is Chinas largest city and is situated on the banks of the Yangtze River Delta. ...


L'Oréal purchased Synthélabo in 1973 to pursue ambition in the pharmaceutical field. Synthélabo merged with Sanofi in 1999 to become Sanofi-Synthélabo. Sanofi-Synthélabo merged with Aventis in 2004 to become Sanofi-Aventis. 1973 was a common year starting on Monday. ... 1999 is a common year starting on Friday of the Common Era, and was designated the International Year of Older Persons by the United Nations. ... Sanofi-Synthélabo was formed in 1999 when Sanofi merged with Synthélabo. ... Aventis was formed in 1999 when Rhône-Poulenc S.A. merged with Hoechst AG. The merged company was based in France. ... 2004 is a leap year starting on Thursday of the Gregorian calendar. ... Sanofi-Aventis (PAR:120578) (NYSE: SNY), headquartered in Paris, France, is the worlds number 3 company in the pharmaceutical industry. ...


Business

Management committee

The management committee includes:

  • Lindsay Owen-Jones, Chairman and CEO
  • Giorgio Galli, EVP of Coomunications
  • Béatrice Dautresme, EVP of Strategic Business Development
  • Jean-François Grollier, EVP of Research and Development
  • Marcel Lafforgue, EVP of Production
  • Christian Mulliez, VP of Finances
  • Jean-Jacques Lebel, President of Professional Products
  • Patrick Rabain, President of Consumer Products
  • François Vachey, EVP of Human Resources
  • Gilles Weil, President of Luxury Products

Owen-Jones became chairman and CEO in 1988. Lindsay Owen-Jones was born in Wallasey, UK, on March 17, 1946, to a Welsh family, and is the current chief executive of the cosmetics manufacturer LOréal. ... The Chairman of the board is the leader of a corporate board of directors, see chairman. ... Chief Executive Officer (CEO) is the job of having the ultimate executive responsibility or authority within an organization or corporation. ... A vice president is an officer in government or business who is next in rank below a president. ... A vice president is an officer in government or business who is next in rank below a president. ... President is a title held by many leaders of organizations, companies, universities, and countries. ... 1988 is a leap year starting on a Friday of the Gregorian calendar. ...


Stockholders

  • Breakdown of share ownership: 27.5% by the Bettencourt Family, 26.4% by Nestlé, 3.9% treasury shares, the remaining 42.2% are publically traded.
  • Voting rights distribution: 28.6% to the Bettencourt Family, 27.5% to Nestlé, and 43.9% to the public.

For information on the international Nestlé boycott campaign, see Nestlé boycott. ...

Earnings

In 2003, L'Oréal announced its 19th consecutive year of double-digit growth. Its consolidated sales was €14.029 bn and net profit was €1.653 bn. 96.7% of sales derived from cosmetic activities and 2.5% from dermatology activities. L'Oréal has operations in over 130 countries, employing 50,500 people, 24% of which work in France. 3.3% of cosolidated sales is invested in research and development, which accounts for 2,900 of its employees. In 2003, it applied for 515 patents. It operates 42 manufacturing plants throughout the world, which employ 14,000 people. 2003 is a common year starting on Wednesday of the Gregorian calendar. ... Manufacturing is the transformation of raw materials into finished goods for sale, or intermediate processes involving the production or finishing of semi-manufactures. ...

  • Cosmetics sales by division breakdown: 54.8% from consumer products at €7.506 bn, 25.1% from luxury products at €3.441 bn, 13.9% from professional products at €1.9 bn, and 5.5% from active cosmetics at €0.749 bn.
  • Cosmetic sales by geographic zone breakdown: 52.7% from Western Europe at €7.221 bn, 27.6% from North America at €3.784 bn, 19.7% from rest of the world at €2.699 bn.

Western Europe is distinguished from Eastern Europe by differences of history and culture rather than by geography. ... World map showing location of North America A satellite composite image of North America North America is the third largest continent in area and in population after Eurasia and Africa. ...

Joint ventures and minority interests

L'Oréal holds 10.41% of the shares of Sanofi-Aventis, the world's number 3 and Europe's number 1 pharmaceutical company. The Laboratoires Inneov is a joint venture in nutritional cosmetics between L'Oréal and Nestlé; they draw on L'Oréal's know-how in the fields of nutrition and food safety. Galderma is another joint veture in dermatology between L'Oréal and Nestlé. Sanofi-Aventis (PAR:120578) (NYSE: SNY), headquartered in Paris, France, is the worlds number 3 company in the pharmaceutical industry. ... A joint venture is a business relationship between two or more parties to undertake economic activity together. ... Nutrition is interpreted as the study of the organic process by which an organism assimilates and uses food and liquids for normal functioning, growth and maintenance and to maintain the balance between health and disease. ... Foodborne illness or food poisoning is caused by consuming food contaminated with pathogenic bacteria, toxins, viruses, prions or parasites. ...


Brands

Brands are categorized by their targeted markets, which are consumer, professional, luxury, and active.


Consumer products

  • L'Oréal Paris
  • Garnier
  • Maybelline
  • SoftSheen-Carson

Maybelline is a popular makeup brand sold world-wide and owned by LOréal. ...

Professional products

  • Kérastase
  • L'Oréal Professional
  • L'Oréal Technique
  • Matrix
  • Mizani
  • Redken

Wiktionary has a definition of: Matrix The word matrix (plural matrices, or less often, matrixes) has several meanings. ...

Luxury products

Giorgio Armani is an Italian fashion designer (born 11 July 1934 in Piacenza, Italy), particularly noted for his menswear. ... Helena Rubinstein (born 1871 Kraków, Poland - 1965 New York, USA) was a Polish-American cosmetics industrialist. ... Wikimedia Commons has more media related to: Category:Ralph Lauren car collection Hey this is alexis Boyarsky so shut up yall!!!!!!!!!!!!!!!!!!!!!!1(born Ralph Lifschitz, October 14, 1939, Bronx, New York) is a world-famous fashion designer. ...

Active cosmetics

  • Dermablend
  • La Roche-Posay
  • Vichy

Trivia

One of L'Oréal's advertising slogans is "Because I'm worth it". It replaced the former slogan "Because you're worth it". Advertising slogans are claimed to be, and often prove to be, the most effective means of drawing attention to one or more aspects of a product. ...


The slogan for Maybelline is "Maybe she's born with it. Maybe it's Maybelline".


External Links

Cites and References


 

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