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Fluctuations in the economy have little impact on this market.
L'Oreal registered more than 400 patents last year, which could give them even greater market share in the future. Several acquisitions added to the bottom line and provided opportunities to enter new areas at lower costs. L'Oreal also benefited from favorable exchange rates in 2000...
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L'Oreal also benefited from favorable exchange rates in 2000.
Opportunities stem from the fact that L'Oreal has concentrated on hair-styling and color, skincare, cosmetics and fragrances, the fastest growing field in the beauty business. It is benefiting from increasingly ageing and affluent population in developed countries...
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