L’oreal’s Way to Success in the European Haircare Products Industry

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Issue:

Social Issues

 

Written by:

Richard S

 

Date added:

February 6, 2014

 

Level:

University

 

Grade:

A

 

No of pages / words:

13 / 3534

 

Was viewed:

5609 times

 

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Essay content:

Maybe it is not too difficult for a company to rank first of its annual sales growth. But it seems a mystery for a company to keep its position of market-leader in the world with annual double-digit growth for 19 years and even more enigmatical for a company in the cosmetics industry. How can L’oreal compete against its rivals and gain today’s success? Let’s go back to 1997...
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But it seems a mystery for a company to keep its position of market-leader in the world with annual double-digit growth for 19 years and even more enigmatical for a company in the cosmetics industry. How can L’oreal compete against its rivals and gain today’s success? Let’s go back to 1997. At that time, L’oreal was the market leader in France and at the end of June, after considerable coordination between company headquarters and subsidiaries, Lindsay, stated the company’s new mission : Make L’oreal Elseve a leader throughout Europe...
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