L'Oreal's focus on research and development pays dividends

04/26/2011 | Guardian (London), The

L'Oreal spends roughly €700 million annually on research around the world to tap into the different needs of consumers. The beauty hang-ups of men and women around the globe give the company plenty of material, particularly as the number of middle-class consumers in emerging markets grows. L'Oreal's sales in India, Latin America and elsewhere are surging.

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Guardian (London), The

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