2.3 Key figures and financial highlights ...................................................... 5 3. Business strategy............................................................................... 8 3.1 Strong brand portfolio through acquisitions .......................................... 8 3.2 Diversity of products by pricing and distribution strategy ...................... 9 3.3 Business globalization ...............................................................
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Tomas Bata University in Zlín Faculty of Management and Economics Presentation on The L’Oréal Group ( the company for beauty) Subject: English language Elaborated by: Sandra Antičová Group: I 21/F Introduction Good morning Ladies and Gentlemen. It’s a great pleasure to have the opportunity to adress such a distinquished audience
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Introduction L’Oréal is the company that I choose to be discussed. The reason why I choose this company is because they are the world leading cosmetic and beauty product’s company and they have a strong strategy for me to discuss on. L’Oréal is a cosmetics and beauty products’ company and it was founded at Clichy‚ France in 1909. Eugène Schueller is the founder of the company‚ who became an instructor at the Sorbonne after completed his study in the Institute for Applied Chemistry in Paris. L’Oréal
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consumers wants. Innovation is also one of the companies founding values‚ they have always keep in mind that their company was founded by Eugene Schueller a scientist‚ who’s innovation was that beauty is an endless quest that constantly requires a high level of performance. L’Oreal always wants to push back the limits of knowledge means discovering new ways to create products that are truly surprising‚ L’Oreal has always given their priority to the individual rather the to organizations. Their entrepreneurial
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L¡¦Oreal Nederland B.V. Pertinent Facts L¡¦Oreal is the largest cosmetics company in the world. In 1992 the L¡¦Oreal Group was the largest cosmetics manufacturer in the world. They are Headquartered in Paris‚ it have subsidiaries in over 100 countries. In 1992‚ its sales were $6.8 billion (a 12% over 1991) and net profits were $417 million (a 14% increase). France contributed 24% of total worldwide sales. Europe (both western and eastern countries‚ excluding France) provided 42%‚ and the U.S
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Nederland B.V.: Introduction of Products from the Garnier Institute of L’Oreal [WITH INSTRUCTOR COMMENTS IN CAPS] 1 Executive Summary & Table of Contents L ’Oreal presently offers the following products in the Netherlands: Plenitude and Recital under the L ’Oreal brand name‚ and Ambre Solaire under the Garnier Institute brand name. L ’Oreal Nederland has been considering whether to introduce the Synergie skin care line and Belle Couleur hair colorants line into the Netherlands. Synergie and Bele
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References: Aaker‚ D.A. (2004). Leveraging the Corporate Brand. California Management Review‚ 46‚ 1-18. Aaker‚ D.A.‚ and Joachimsthaler‚ E. (2000). The Brand Relationship Spectrum- The Key to the Brand Architecture Challenge. California Management Review‚ 42‚ 8-23. L’Oreal resource pack (2015)‚ Branstorm. Porter (2008)‚ The Five competitive forces that shape strategy‚ Harvard Business Review‚ 79‚ p78 Pruppers‚ R. (2015). Lecture 1:Brand Equity & Brandstorm
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Diversification strategy is used to increase the firm’s value by improving its overall performance. Value here is created here either through related diversification ( my report) or through unrelated diversification ( which will be discussed further) when the strategy allows a company’s business to increase revenues or reduce cost while implementing their business –level strategies In some case‚ using diversification strategy may have nothing to do with increasing the firm’s value; in fact it
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Corporate Level Strategy (Video 1) Corporate Level Strategy describes the entire strategic scope of the organization. This is the panoramic view of the organization. It is the strategy by which an organization decides in which product or service markets to compete and in which geographical regions to operate. Normally the organizations‚ who have multiple businesses‚ use corporate level strategy for allocation and distribution of resources i.e. how cash‚ equipment‚ staffing‚ and other resources are
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L’ Oreal External Analysis (Dutch Market) Environmental Analysis: Demographics: There are several demographic changes in the Netherlands which influence the Dutch market. * Fast aging of population * Fast growing segments now are 25 or older * Increasing number of Dutch women work outside home * Dutch women are delaying childbirth Economics: Due to these demographic trends‚ Dutch women are becoming more self-confident and independent. Thus they have more disposable income
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