L’Oréal puts spotlight on regional growth opportunities during Capital Markets Day in Singapore/ Mumbai
L’Oréal held its Capital Markets Day from 2-5 December, inviting analysts and investors to Singapore and India to explore the beauty market perspectives and Group strategy for the SAPMENA (South Asia Pacific, Middle East, North Africa) region in general and India in particular.
For SAPMENA, the regional management teams shared insights on the opportunities for L’Oréal to develop its leadership in a region growing faster than the global average. The Group’s four Divisions are well-placed to benefit from the huge potential for consumer recruitment, thanks to a unique brand portfolio, digital expertise and an in-depth understanding of local consumer needs supported by a best-in-class R&I capability.
L’Oréal also took analysts and investors to experience the Indian market first-hand, with a store tour and a consumer session in Mumbai to showcase why #TheTimeForIndiaIsNow. With an additional 170 million consumers joining the middle class by 2030, L’Oréal is capitalising on its strengths to seize the significant opportunities in the dynamic Indian subcontinent. In a market dominated by mass consumption, key Group global brands have already helped modernise traditional off and online retail, including the transformation of the hairstyling salon industry over the past 30 years.
To find out more about the SAPMENA region and L’Oréal’s strategy in action you can review key presentations from the event here.