L’Oréal will invest 70 million reais in a research and innovation facility on the island of Bom Jesus, in Rio de Janeiro. Emerging markets focus The laboratory will intensify the development of products adapted to the Brazilian and Latin American markets. With an annual turnover of 19.5 billion euros in 2010, L’Oréal is the world leaderContinue reading “L’Oréal’s lab in Rio”
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L’Oreal wants to double Brazilian sales in 4 years
L’Oreal the world’s largest cosmetics maker announced that Brazilian sales grew by 21 % in 2010, jumping to 705 million euros. And they want more.. The French based company aims to double sales in Brazil by 2015 and add 50 million new customers there in the next decade as Latin America’s largest economy expands, saidContinue reading “L’Oreal wants to double Brazilian sales in 4 years”
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