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L'Oreal - Pureology history
L'Oreal - Pureology company history timeline
Of the company's 2001 performance, one Paris analyst observed: "Their weak point is luxury in the United States, but that is compensated for by a very good performance in the younger markets."
"l'oréal sa." hoover's online, 2002. available at http://www.hoovers.com.
Sanofi-Synthélabo merged with Aventis in 2004 to become Sanofi-Aventis.
L’Oréal has six worldwide research and development centres: two in France: Aulnay and Chevilly; one in the United States: Clark, New Jersey; one in Japan: Kawasaki, Kanagawa Prefecture; in 2005 one was established in Shanghai, China, and one in India.
Since 2006, Jean-Paul Agon has been the chairman and chief executive officer of L'Oréal.
In March 2008, L’Oréal acquired 3 Suisse’s stake, taking sole control of the company.
In 2010, significant growth occurred at Indonesia with 61 percent increase of unit sales or 28 percent of net sales.
At the 2012, the breakdown of share ownership was mentioned as: 30.5% by the Bettencourt family, 29.3% by Nestlé, 24.5% by International institutional investors, 8.3% by French institutional investors, 5% by individual shareholders, 1.7% treasury stock and 0.7% by employees.
In 2012 as another part of corporate social responsibility, the company announced a -37.1% reduction in CO2 emissions, a 24% reduction in water consumption and -22% reduction in transportable waste, which was credited by Climate Counts for its practices and achievements in environmental sectors.
As of 2013, 33.31% of the company is owned by the Bettencourt family, 23.29% of the company is owned by Nestle, and 21.8% of the company is owned by institutional investors.
On 11 February 2014 it was announced that L’Oreal has sealed a deal worth €3.4bn to buy back 8% of its shares from Swiss consumer goods giant Nestle.
On 20 February 2014, Shiseido agreed to sell its Carita and Decléor brands to L’Oréal for €227.5 million (USD$312.93 million (2014)).
Before her death in 2017 at the age of 94, Liliane was the sole heir to L'Oréal.
"L'Oréal SA ." Company Profiles for Students. . Retrieved May 23, 2022 from Encyclopedia.com: https://www.encyclopedia.com/economics/economics-magazines/loreal-sa
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L'Oreal - Pureology competitors
| Company name | Founded date | Revenue | Employee size | Job openings |
|---|---|---|---|---|
| Curtis Industries | 1968 | $3.1M | 5 | - |
| Testo Inc. | - | $930,000 | 50 | - |
| Josam | 1987 | $11.6M | 50 | - |
| Keebler Company | 1853 | $1.6B | 148 | - |
| Power Distributing | 2000 | $1.0M | 25 | - |
| Nabisco | 1898 | $270.0M | 1,420 | - |
| Traeger Pellet Grills | 1985 | $1.3M | 50 | 10 |
| Equipment Sales & Services Corporation | - | $4.9M | 35 | - |
| Harry Krantz Company | 1939 | $1.5M | 25 | - |
| Doall Co | 1927 | $200.0M | 800 | - |
L'Oreal - Pureology history FAQs
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L'Oreal - Pureology may also be known as or be related to L'OREAL USA, Inc., L'Oreal - Pureology and L'oreal - Pureology.