The L’Oréal Group is the world’s largest cosmetics and beauty company.
With its registered office in Paris and head office in the Paris suburb of Clichy, Hauts-de-Seine, France, it has developed activities in the field of cosmetics.
Concentrating on hair colour, skin care, sun protection, make-up, perfumes and hair care, the company is active in the dermatological, tissue engineering and pharmaceutical fields and is the top nanotechnology patent-holder in the United States.
Clichy , sometimes unofficially Clichy-la-Garenne) is a commune in the northwestern suburbs of Paris, France. It is located 6.4 km (4.0 mi) from the center of Paris.
The headquarters of the L’Oréal Group, the world’s largest company in cosmetics and beauty, Bic, one of the biggest pen producers in the world, and Sony France, a large electronics and media company, are located in Clichy.
Clichy was the capital of the Merovingians during the rule of Dagobert I.
In 1830, part of the territory of Clichy was detached and became the commune ofBatignolles-Monceau. On 1 January 1860, the city of Paris was enlarged by annexing neighboring communes. Most of Batignolles-Monceau was annexed by the city of Paris, and now forms the major part of the 17th arrondissement of Paris, although a small part of the territory of Batignolles-Monceau was returned to Clichy.
On 11 January 1867, part of the territory of Clichy was detached and merged with a part of the territory of Neuilly-sur-Seine to create the commune of Levallois-Perret.
L’Oréal is a listed company, but the founder’s daughter Liliane Bettencourt and the Swiss food company Nestlé each control over a quarter of the shares and voting rights.
Liliane Bettencourt , born 21 October 1922) is a French heiress, socialite, businesswoman and philanthropist. She is one of the principal shareholders of L’Oréal and, with a fortune estimated at US$23.5 billion, is one of the wealthiest people in the world.
Nestlé S.A. is the world’s largest nutrition, health and wellness company.
Founded and headquartered in Vevey, Switzerland, Nestlé originated in a 1905 merger of the Anglo-Swiss Milk Company, established in 1867 by brothers George Page and Charles Page, and Farine Lactée Henri Nestlé, founded in 1866 by Henri Nestlé.
The company grew significantly during the First World War and again following the Second World War, eventually expanding its offerings beyond its early condensed milk and infant formula products. Over 29 of Nestlé’s brands bring in more than 1 billion Swiss francs (about $ 1.1 billion) annually, such as Nespresso, Nescafé, KitKat, Smarties, Nesquik, Stouffer’s, Vittel, and Maggi. Nestlé is also one of the main shareholders of L’Oréal, the world’s biggest cosmetics and personal care company.
In 2011, Nestlé was listed No. 1 inthe Fortune Global 500 as the world’s most profitable corporation.] With a market capitalization of $ 200 billion, Nestlé ranked No. 13 in the FT Global 2011. The company has 449 factories, operates in 86 countries around the world, and employs more than 328,000 people.
READ MORE … :