Highlighting the strategic importance of the Indian market that takes roughly one per cent of L’Oreal’s turnover, L’Oreal, the French cosmetics brand, global CEO Nicolas Hieronimus stressed that India’s size requires both financial and investment in talent to make a distinct change in the company’s performance.
Speaking at the fourth-quarter earnings call, Hieronimus expressed his disappointment with the company’s performance in the Indian market in 2025, citing a failure to achieve a higher market share, though there has been a spike to a single-digit growth.
Strategic Investments in Multiple Channels
The renowned cosmetics brand has been reforming its approach with the appointment of Jacques Lebel as its India country manager and investments in new capacities and factories.
This is especially important as India’s market is transforming with consumers having greater spending power, and a growing interest in luxury goods with a solid reputation.
Emphasizing its revised strategy, Hieronimus said the company is continuing to explore major growth opportunities, and praised its LDB (L’Oreal Dermatological Beauty) and the recently launched CeraVe and La Roche-Posay brands. He said, “It’s starting very well, but it’s still very small.”
He mentioned that L’Oreal had doing well in some categories like hair care, noting its brand Garnier has reached number one, in addition to its hair color with a fantastic range of great products.
He pointed to the opening of its first Beauty Tech center in Hyderabad, which will build and improve digital platforms and AI-led solutions that will support the company’s international businesses.
