Loreal India

Unilever, L'Oreal report strong growth from India's qcom, online channels

Multinational consumer goods companies Unilever and L'Oral are witnessing strong growth on e-commerce platforms in many markets, with India emerging as a standout performer. Unilever and L'Oral, in their earnings calls for the September quarter, reported a doubling of their sales, helped by hyper-local delivery platforms that are growing rapidly in the country. French beauty major L'Oral's CEO Nicolas Hieronimus, who was in India earlier this month, said quick-commerce or traditional e-commerce platforms in the country are a game changer, helping to penetrate much faster with new products or continuing to animate existing brand." We were talking about the US, but 10 days ago, I was in India, where it's clearly a game changer for us because whether it's quick commerce or the traditional platform allows us to reach consumers all over the country, which we could not do before, said Hieronimus while replying to a query. Unilever CEO Fernando Fernandez said digital commerce accounts for

High-tech touch-up for beauty industry: AR and AI redefine makeovers

Different shades of makeup, nail polish, eye shadow and hairstyles can be experimented with by using personal smartphone cameras

L'Oreal brings first brand of its dermatological beauty division to India

While Itani did not specify a timeline, he indicated that other brands from the division might also be introduced in India in the future

Cosmetic major L'Oreal makes strategic investment in DSG Consumer Partners

French cosmetic major L'Oreal on Tuesday announced a strategic investment in DSG Consumer Partners IV, the fourth fund of Singapore-based venture capital DSGCP, without disclosing the amount. DSG Consumer is focused on growing consumer brand startups across Southeast Asia and India. "Through this investment, L'Oreal will support early-stage entrepreneurs building the next generation of insurgent consumer businesses across the beauty value chain," said a joint statement. The investment was made through L'Oreal's corporate venture capital fund BOLD (Business Opportunities for L'Oreal Development). According to L'Oreal, the Southeast Asia and India region has many fast-growing, most populous and young demographic markets of the world. "The future of consumer brands will largely be shaped in these markets. So it's important to build a strong connection to its dynamic ecosystem of disruptors and invest in promising consumer brand startups," said Vismay Sharma, President of L'Oreal Sout

L'Oreal appoints Aseem Kaushik as Managing Director for India

French personal care company L'Oral on Monday announced the appointment of Aseem Kaushik as its Managing Director for India. He will be succeeding Amit Jain, who has decided to retire by the end of this year, according to a statement from L'Oreal India, a wholly-owned subsidiary of L'Oreal SA. Jain will assume the role of Chairman for L'Oral India, it added. Kaushik has been with the company for 27 years and held several leadership positions within the group. Most recently, he led international teams in PPD (Professional Products Division). Jain said: "Kaushik was one of the pioneers who set up new businesses and paved the foundation of growth for L'Oral in India today. I am delighted to welcome him back following his assignments abroad and pass on the reigns to him." Jain, who had joined L'Oral India in June 2018 as Country Managing Director, has around 30 years of experience and worked with companies like ICI, Coca-Cola, Viacom, and Akzo Nobel. "During his 4.5-year tenure at L'

Delhi HC directs L'Oreal to pay profiteered amount of Rs 186 crore

The court, which clubbed the petitions, had posted the matter for next hearing on October 19

Cosmetics firm L'Oreal ties up with Nasscom to innovate business operations

Joint initiative to explore potential application of AI, ML IoT and AR/VR in cosmetics and dermatology, and product development and personalisation at L'Oreal

Cosmetic changes

Brands need to start reshaping consumer opinion

After HUL, now L'Oreal to also drop 'fair' and 'white' from skincare brands

L'Oreal's products include Garnier Skin Naturals White Complete Multi Action Fairness Cream

L'Oreal India goes local; appoints Amit Jain as first Indian MD to head biz

An FMCG veteran, Amit Jain will become the first Indian managing director of L'Oreal India on 1 August