L'Oreal
Fashion Design and Manufacturing
Vault's Scoop
ABOUT THIS COMPANY:
Forty-four ways to say “red”Celebrating a hundred years of beauty and innovation, L’Oréal is the world leader in cosmetics, bringing a rosy glow to faces across the globe. With 23 global brands in four product divisions priced to suit every pocketbook, L’Oréal boasts a compelling market presence in 130 countries and employs over 67,000 people all over the world. L’Oréal is the only cosmetics company available in every distribution channel; this means that mass-market retailers, hair salons, department stores, pharmacies and mail-order channels all carry L’Oréal brands. In 2008, 45 percent of L’Oréal products were sold in Western Europe; 23 percent were purchased by North Americans, and 32 percent were sold in other parts of the world. As a pioneer in the ever-expanding science of looking good, the industrious company filed 628 patents in 2008. As of 2008, the company recorded €17.5 billion in consolidated sales.
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