The man behind L'Oreal's quest for 1st place

03/10/2013 | Women's Wear Daily (subscription required)

Global populations are aging, and the middle classes are on the rise in Asia, Brazil and some other developing countries, trends that are spurring the growth of the beauty and skin care industry and L'Oreal, which aims to be the leader in the mass-market beauty category, says executive vice president Jean-Jacques Lebel. "There’s going to be more cosmetics in the likes of Carrefour and Auchan, more skin care in the likes of Wal-Mart. We play with these huge international retailers on an international basis."

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