L'Oreal Story
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Title: L'Oreal Story

Essay Details:

Subject: Business
Date: July 29, 2016
Level: University
Grade: A
Length: 20 / 5709

Essay text:

This award instituted by the leading French business publication, Challenges, was in recognition of Jones’ outstanding achievements in transforming L’Oreal from a French company into a global powerhouse. Jones also received the prestigious ‘Manager of the Year 2002’ award from the French Prime Minister, Jean-Pierre Raffarin. Jones was the first foreign head of any French company to receive this award, which was sponsored by the leading French business publication, Le Nouvel Economiste. These honors were not just a ‘cosmetic’ eulogy; L’Oreal deserved them, for it was the only company in its industry to post a double-digit profit for 18 consecutive years (Refer Exhibit I for L’Oreal’s key financials)...

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