In 2008, 48-year old Jacques Challes, a graduate of ESCP–EAP Paris arrived as Managing Director of L'Oreal India. He had already been with the company for 26 years. During his tenure in India, the company tripled its revenue to around $200 million and has also increased market share, which in...
The Body Shop to reach 100 stores in India
Body Shop expands in India! The company said it is stepping up its visibility in India through its new store format named “Pulse.” Additionally, as part of its India strategy, it is also looking to launch its India-specific coconut hair oil product by the last quarter of the calendar year....
Foreign CPG firms gain market share in India
India's consumer market is growing rapidly both as a result of increasing population and increasing spending power by the population. Tens of millions of Indians join the middle class each year and are ready to spend on branded toilet soap, shampoo, laundry detergent and packaged foods. With the wind in...