L Oreal

Valued at $13.69 billion and employing around 78,000 people worldwide, the L’Oréal Group is the largest and most profitable company in the cosmetics industry. Between 2005 and 2016, it increased production volume across its 34 brands by 29%. But in…

The global cosmetics industry is now worth an estimated $197 billion, and is growing by about 4% annually. In 2014, so-called new markets (anything outside North America and Western Europe) accounted for 39.6% of L’Oréal’s $29.9 billion in sales. To…