L'Oréal to develop Pudong L'Oréal Research Centre, China
26 Sep '05
3 min read
The Pudong facility will initially contain development laboratories focusing on make-up, skincare and haircare. In 2006 the facility will be expanded to house biology laboratories focusing on tissue engineering and chemical laboratories which will concentrate on effectively leveraging botanical raw materials that are inspired by or used in Chinese medicine. By year-end 2006, more than 60 employees will work at the centre, the vast majority of them hired locally.
France based beauty products seller L'Oréal with more than 98 years of experience in the beauty industry, in 2004 L'Oréal reported consolidated sales of €14,534 million euros. The group has a global workforce of 52,000 employees and maintains a diverse, yet complementary, portfolio of 17 international brands, sold in 130 countries.
L'Oréal's international brands today include L'Oréal Paris, Garnier, SoftSheen.Carson , Maybelline New York, Laboratoires Vichy, La Roche-Posay, L'Oréal Professionnel, Matrix, Redken, Lancôme, Biotherm, Kiehl's, Shu Uemura, Helena Rubinstein, as well as Cacharel, Giorgio Armani and Ralph Lauren perfumes; in addition to Yue-Sai and Innéov.