The L'Oréal Group Euronext: FR0000120321, headquartered in Clichy, France, is the world's leading cosmetics and beauty company. L'Oréal has developed activities in the field of cosmetics, concentrating on hair color, skin care, sun protection, make-up, perfumes and hair care. L'Oréal is active in the dermatological and pharmaceutical fields. L'Oréal is also the top nanotechnology patent-holder in the United States.
Contents [hide]
1 History
2 Business
2.1 Corporate governance
2.1.1 Board of directors
2.1.2 Management committee
2.2 Stockholders
2.3 Earnings
2.4 Joint ventures and minority interests
3 Brands
3.1 Mass market products
3.2 Professional products
3.3 Luxury products
3.4 Active cosmetics
4 Trivia
5 External links
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History
In 1907, Eugène Schueller, a young French chemist, developed an innovative hair-color formula. He called his improved hair dye Auréole. With that, the history of L'Oréal began. Eugène Schueller formulated and manufactured his own products, which he then sold to Parisian hairdressers.
In 1909, Schueller registered his company, the Société Française de Teintures Inoffensives pour Cheveux ("Safe Hair Dye Company of France"), the future L'Oréal. The guiding principles of the company that would become L'Oréal were put into place from the start: research and innovation in the interest of beauty.
During the early twentieth century, Schueller provided financial support and held meetings for La Cagoule at L'Oréal headquarters. La Cagoule was a violent French fascist-leaning and anti-communist group. L'Oréal hired several members of the group as executives after WWII.
In 1920, the small company already employed 3 ch ...