A joint study by global online payment gateway PayPal and Paris-based market research firm Ipsos, noted that despite payment barriers, young Indians in the 18-34 age group are shopping online for cross-border products like apparel and consumer electronics owing to their higher quality. Based on a survey of online and cross-border...
L'Oreal India Takes Top Stars to Cannes Film Festival
Bollywood actresses Sonam Kapoor and Aishwarya Rai Bachchan, brand ambassadors of L’Oréal Paris, will represent the company at the upcoming 69th Cannes International Film Festival, scheduled to take place from May 11 till May 22, reports The Indian Express. For the past 19 years, L’Oréal Paris has been a sponsor...
L'Oreal of France sells $200 million in India, located R&D center in Mumbai
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...