Thursday, December 13, 2018
'Lââ¬â¢oreal and the Globalization of American Beauty\r'
'MGO403 HW4 & amp;lt;Lââ¬â¢Oreal and the Globalization of American apricot> How did Lââ¬â¢Oreal become the worldââ¬â¢s largest looker company? What was the role of acquisitions in the outgrowth? The globular dodging of Loreal started first from European countries like Austria, Italy, and the Holland providing h be c are and hair color products. after(prenominal) the launch in the USA, they decided to expand their commercialize share by mainly M&A of umteen similar just now way smaller companies. With proper acquisition strategy over the years, they finally became the largest company in beauty industry. Lââ¬â¢Oreal offers consumers worldwide ââ¬Å"Americanââ¬Â and ââ¬Å"Frenchââ¬Â concepts of beauty.Are in that respect any limits to the national beauty images it can extend? There may be some limits for Lorear to go more ââ¬Ëworldwideââ¬â¢ even if they have abundant branches and offices over the world. I think it may be related wit h ââ¬Ëracial issuesââ¬â¢. The society for ââ¬Ëminorityââ¬â¢ is changing faster than ever before, but still, the ââ¬Ëmajorityââ¬â¢ of American and European countries are white but Asian, African American, and Hispanic. Thus, if they really care about optimal ââ¬Ëglobalizationââ¬â¢ in all ways, they should probably consider making their diversified strategy in other markets (minorities)What are the global opportunities for Kiehlââ¬â¢s? What are the limits, if any? until now though Kiehlââ¬â¢s were taken over by Loreal through M&A, their products are not slow found at umpteen 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 ââ¬Ëglobalââ¬â¢ they should find proper way to make their products easily available to the customers through mega-stores like walmart, or target.\r\n'
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