Loreal Case Study
L'Oréal
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L'Oréal
Type
Public (Euronext: OR)
Founded 1909
Founder
Eugène Schueller
Headquarters Clichy, France
Key people Jean-Paul Agon (CEO), Lindsay Owen-Jones (Chairman of the board), Liliane Bettencourt (Non-executive director and major shareholder)
Industry
Cosmetics
Revenue
€17.06 billion (2007)[1]
Operating income
▲ €2.827 billion (2007)[1]
Profit
▲ €2.039 billion (2007)[1]
Employees
63,360 (2007)[1]
Subsidiaries
See below
Website
www.loreal.fr
The L'Oréal Group is the world's largest cosmetics and beauty company and is headquartered in the Paris suburb of Clichy, France. L'Oréal has developed activities in the field of cosmetics, concentrating on hair color, skin care, sun protection, make-up, perfumes and hair care. L'Oréal is active in the dermatological and pharmaceutical fields. L'Oréal is also the top nanotechnology patent-holder in the United States.
L'Oréal is a listed company, but the founder's daughter Liliane Bettencourt, who is one of the richest people in the world, and the Swiss food company Nestlé each control over a quarter of the shares and voting rights.
Contents
[hide]
• 1 History
• 2 Business
o 2.1 Corporate governance
2.1.1 Board of directors
2.1.2 Management committee
o 2.2 Stockholders
o 2.3 Earnings
o 2.4 Joint ventures and minority interests
o 2.5 Community involvement & awards
• 3 Brands
• 4 False...
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