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Title: L'Oreal: The making of an international super-organization
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Business |
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| Date: |
March 5, 1996 |
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| Length: |
7 / 1944 |
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Essay text:
But L'Oreal is surging in markets stretching from China to Mexico. Its secret: conveying the allure of different cultures through its many products. Whether it's selling Italian elegance, New York street smarts, or French beauty through its brands, L'Oreal is reaching out to more people across a bigger range of incomes and cultures than just about any other beauty-products company in the world... Showed first 250 characters
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That sets L'Oreal apart from one-note marketers such as Coca-Cola Co., which has just one brand to sell globally.
L'Oreal's strategy positions it beautifully to profit even further when the middle class begins to grow again in emerging markets. Says Veronique Adam, analyst at J... Showed next 250 characters
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