How did L’Oreal become the world’s largest beauty company? What was the role of acquisitions in the growth? The global strategy of Loreal started first from European countries like Austria, Italy, and the Holland providing hare care and hair color products. After the launch in the USA, they decided to expand their market share by mainly M&A of many similar but way smaller companies. With proper acquisition strategy over the years, they finally became the largest company in beauty industry.
L’Oreal offers consumers worldwide “American” and “French” concepts of beauty. Are there any limits to the national beauty images it can globalize? There may be some limits for Lorear to go more ‘worldwide’ even if they have huge branches and offices over the world. I think it may be related with ‘racial issues’. The society for ‘minority’ is changing faster than ever before, but still, the ‘majority’ of American and European countries are white but Asian, African American, and Hispanic.
Thus, if they really care about optimal ‘globalization’ in all ways, they should probably consider making their diversified strategy in other markets (minorities).
What are the global opportunities for Kiehl’s? What are the limits, if any? Even though Kiehl’s were taken over by Loreal through M&A, their products are not easily found at many stores, unlike there are so many producsts of Lorean in any store. And this is mainly because their products line are simply expensive targeting luxury market, so I think if they really want to go ‘global’ they should find proper way to make their products easily available to the customers through mega-stores like walmart, or target.
Remember! This is just a sample.
You can get a custom paper by one of our expert writers.
Get your custom essay
Helping students since 2015
Essay Writing Service Features
Our Experience
No matter how complex your assignment is, we can find the right professional for your specific task. Contact Essay is an essay writing company that hires only the smartest minds to help you with your projects. Our expertise allows us to provide students with high-quality academic writing, editing & proofreading services.
Free Features
Free revision policy
$10Free bibliography & reference
$8Free title page
$8Free formatting
$8How Our Essay Writing Service Works
First, you will need to complete an order form. It's not difficult but, in case there is anything you find not to be clear, you may always call us so that we can guide you through it. On the order form, you will need to include some basic information concerning your order: subject, topic, number of pages, etc. We also encourage our clients to upload any relevant information or sources that will help.
Complete the order form
Once we have all the information and instructions that we need, we select the most suitable writer for your assignment. While everything seems to be clear, the writer, who has complete knowledge of the subject, may need clarification from you. It is at that point that you would receive a call or email from us.
Writer’s assignment
As soon as the writer has finished, it will be delivered both to the website and to your email address so that you will not miss it. If your deadline is close at hand, we will place a call to you to make sure that you receive the paper on time.
Completing the order and download