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𝗧𝗵𝗲𝘆’𝗿𝗲 𝘁𝗮𝗹𝗸𝗶𝗻𝗴 𝗮𝗯𝗼𝘂𝘁 𝘂𝘀! 🎙️
Lydie SIGNEUX, Product Manager Sales Europe Multi-Divisions at L'Oréal, shares her experience with us:
“EasyPicky has simplified and automated the tedious task of in-store shelf audits for L'Oréal's Consumer Products field teams. We’ve observed a 50% reduction in the time required for these previously manual audits, allowing the sales teams to save valuable time to negotiate more with store managers and to provide them with more reliable and frequent information.”
💡 Beyond saving time, EasyPicky brings new levels of precision and efficiency to shelf audits and to your sales force.
Discover how this innovative project between L'Oréal and EasyPicky is transforming in-store operations and the potential benefits for your business in our webinar replay.
Link in 1st comment 👇
#ShelfAudit#Innovation#RetailEfficiency#Webinar
See how L'Oréal integrates advanced tech in its manufacturing processes? Very demure, very mindful. Their quality-first approach sets them apart in the industry. They're very mindful while conducting rigorous controls throughout production and packaging. See how they're a pioneer in ethical beauty? Very presentable.
Jokes aside, quality really does set L’Oréal's manufacturing operations apart.
"Quality is a link between all of us: our teams, external stakeholders, suppliers, distributors and our consumers, of course," comments Eric WOLFF, Quality and EHS Director at L’Oréal.
Read more, mindfully, at Manufacturing Digital.
#ManufacturingTechnology#WorkerSafety#BeautyQualityControl#Demure
L'Oréal delivered another strong performance in the first half in a beauty market that remains dynamic.
- Continued strong like-for-like growth of +7.3%,
- gross margin of 74.8%, up 50 basis points, and a first-half record,
- operating margin of 20.8%, up 10 basis points, and also a first-half best,
- and net profit of 3.65 billion euros, an increase of +8.8%, versus the first half of last year.
L'Oréal’s unwavering commitment to excellence starts with recognizing the invaluable contributions of our people. That's why I’m very proud of the success of our fourth Employee Share Ownership Plan. This plan, rolled-out in June in 60+ countries, empowers our employees to become true stakeholders in our journey, deepening their engagement by directly connecting them to the Group's development and offering a stake in our shared future.
It is the passion and dedication of our exceptional teams worldwide that fuels my confidence in L'Oréal's ability to keep outperforming the global beauty market. Together, we are shaping the future of beauty while driving sustainable value creation.
Click here to read the full press release : https://lnkd.in/dNtFrHtY#weareloreal#CreateTheBeautyThatMovesTheWorld
Unveiling the Core of Operations with L'Oréal 🏭
Few days ago, I had the chance to attend the "Dive Deep into Operations & Supply Chain" webinar hosted by L'Oréal Ignite. The session was eye-opening, as we explored the intricate processes that support L'Oréal’s global operations with a focus on sustainability.
📦 Smooth logistics: Tiffany Chu highlighted the essential nature of an efficient supply chain in delivering top-notch products to consumers. From sourcing raw materials to distribution, every step in the process is thoughtfully managed to ensure everything meets L'Oréal's high standards.
♻️ Sustainable Practices in Action: I was deeply inspired by L'Oréal’s proactive efforts to weave sustainability into their operations. Their initiatives, such as utilizing renewable water sources and adopting eco-friendly packaging, showcase a strong commitment to reducing environmental impact across all facets of the business.
⚡Agility and Innovation: In the fast-paced beauty industry, rapid adaptability is vital. The session emphasized how L'Oréal’s operations team remains innovative, consistently exploring out-of-the-box strategies to improve their operational processes and meet the evolving needs of consumers.
This webinar has provided me with a fresh perspective on the complexities involved in L'Oréal's operations. A heartfelt thank you to Tiffany Chu, Oscar Fung, and Yeran Karunanayake for such an engaging and informative session!
None of this would have been possible without the efforts of Alan Lau (He/Him), Jade Lui, Eunice Lam, and Vicky Lau!🌟
#LorealForTheFuture#Sustainability#SupplyChain#LorealIgnite#WeAreLoreal
L'Oréal Delivers Strong First-Half Results with Sales Growth and Margin Expansion
We're thrilled to share another strong performance for L'Oréal! Here are some highlights:
- Sales reached €22.12 billion, a 7.3% increase on a like-for-like basis, outperforming the global beauty market.
- All Divisions contributed to this success, with Dermatological Beauty and Consumer Products leading the way and L’Oréal Luxe accelerating in the last two quarters.
- We saw double-digit growth in Europe and Emerging Markets, while maintaining momentum in North America.
- Our growth was fueled by a balanced approach of both value and volume increases, across online and offline channels.
- Operating margin increased to 20.8%, up 10 basis points.
Net profit surged by 8.8% to €3.65 billion.
- We are also incredibly proud to share that Moody's has awarded L'Oréal a score of 74 out of 100 for our ESG performance, demonstrating our commitment to sustainability.
This success is a testament to the hard work and dedication of our teams around the world. We are confident in our ability to continue to outperform the market and create value for our stakeholders.
#Loreal#BeautyMarket#weareloreal
L'Oréal Group Chief Financial Officer - Member of the Group Executive Committee
L'Oréal delivered another strong performance in the first half in a beauty market that remains dynamic.
- Continued strong like-for-like growth of +7.3%,
- gross margin of 74.8%, up 50 basis points, and a first-half record,
- operating margin of 20.8%, up 10 basis points, and also a first-half best,
- and net profit of 3.65 billion euros, an increase of +8.8%, versus the first half of last year.
L'Oréal’s unwavering commitment to excellence starts with recognizing the invaluable contributions of our people. That's why I’m very proud of the success of our fourth Employee Share Ownership Plan. This plan, rolled-out in June in 60+ countries, empowers our employees to become true stakeholders in our journey, deepening their engagement by directly connecting them to the Group's development and offering a stake in our shared future.
It is the passion and dedication of our exceptional teams worldwide that fuels my confidence in L'Oréal's ability to keep outperforming the global beauty market. Together, we are shaping the future of beauty while driving sustainable value creation.
Click here to read the full press release : https://lnkd.in/dNtFrHtY#weareloreal#CreateTheBeautyThatMovesTheWorld
Join me in celebrating the remarkable success story of L’Oréal, a global beauty icon, as they navigate the ever-changing landscape of supply chains with the help of KNAPP AUSTRALIA 's cutting-edge automation solutions.
From their bustling Melbourne distribution centre to the seamless operation of their e-commerce platform, L’Oréal has set the bar high for efficiency and innovation.
With technology like the OSR Shuttle Evo and Pick it Easy systems, they've transformed order processing and sorting, ensuring that every customer receives their products swiftly and accurately.
It's a testament to the power of adaptability and collaboration in the face of modern challenges.
The OSR Shuttle Evo is revolutionising wholesale logistics, offering transparency, maximum system availability, and flexibility for growth.
Michael KemenyTiago OliveiraJim Vasilaras#knapp#knappaustralia#weareknapp#valuechaintechpartner#innovation#automation#supplychainsolutions#warehousing#supplychain
🌟L'Oréal's Supply Chain: the Powerhouse Behind the World's Beauty🌟
During the session, we explored several key aspects that make L'Oréal a leader in the beauty industry:
• Demand Planning: We delved into the intricacies of demand forecasting and how leveraging tools like PowerBI can enhance accuracy and efficiency. Understanding consumer trends is crucial for aligning production with market needs.
• Logistics Management: Effective logistics is essential to delivering products seamlessly across the globe. We discussed innovative strategies that streamline operations and ensure timely delivery while maintaining high-quality standards.
• Sustainability Commitment: L'Oréal’s dedication to Environmental, Social, and Governance (ESG) goals was a major highlight. The company is paving the way in sustainable practices, from responsibly sourcing materials to minimizing waste, and I’m inspired by their commitment to positively impacting our planet.
I’m truly grateful to Tiffany Chu, Oscar Fung, and Yeran Karunanayake for sharing their insights on this sector.
Looking forward to the next one!
Jade LuiAlan LauEunice LamVicky Lau#lorealIgnite#weareloreal#lorealforyouth#empowered#beautytech#futureofbeauty#careergrowth#upskilling#innovation#management#digitalmarketing#technology#careers
Solving the most complex strategic problems of the world largest FMCG companies.
Strategy | Organic Growth | Digital Route-To-Market - Ecommerce, DTC, EB2B | M&A
L'Oréal: very strong start of the year with a +9.4% revenue growth in Q1, beating analysts consensus by a wide margin (+330 bps) with €11.2bn sales
Very commendable performance of its key markets USA/ Europe (+12% growth) and the CPD (mass), and the Dermatological Division looking from segment perspective. Luxe (and Asia where its over-indexing), as widely anticipated, grew the least but still managed to be in positive territories
Those numbers drove not only French giant stock growth (+5%), it also reassured the market after bearish comments from U.S. beauty retailer Ulta Beauty earlier this month about a faster-than-expected slowdown in the United States (cf. the strong stock price growth seen on Coty & The Estée Lauder Companies Inc. following L'Oreal results announcements)
With its unique, well diversified at-scale footprint across its four divisions and best-in-class M&A capabilities L'Oréal is well positioned to navigate those turbulent times
To get all our insights, follow us/ subscribe to our FMCG CEOs newsletter: https://lnkd.in/eR8vDpvE#cpg#fmcg#beauty#strategyFrederic Fernandez & Associates
L'Oréal reports half-year growth 👏
The global cosmetics group has reported a 7.3% increase in revenue for the first half of 2024, totalling €22.12bn.
Net profit reached €3.65bn, which is an increase of 8.8% compared to the same period last year.
The company witnessed double-digit growth across Europe and emerging markets, they also maintained momentum throughout North America.
CEO Nicolas HIERONIMUS, commented:
"Our continued strong momentum in emerging markets, Europe and North America allowed us to more than offset the depressed beauty market in mainland China and the unfavourable comparative in travel retail.”
#News#Cosmetics#Beauty#Consumer#H1#Revenue#Profit#Growth
CFO at UC Group, Inc.
1moShould we budget a larger warehouse for 2025? Still have time :)