L'Oréal S.A - Enterprise Tech Ecosystem Series
Summary
L'Oréal S.A. is a multinational cosmetic firm that produces and markets a range of perfume, hair care, makeup, hair color, and skin care products. L'Oréal markets its products under various international brands, including Lancome Giorgio Armani, Yves Saint Laurent, Biotherm, Kiehl's, Ralph Lauren, Shu Uemura, Cacharel and Helena Rubinstein, Clarisonic, Diesel, Viktor&Rolf, Yue-Sai, Essie, Maybelline New York, Redken, Kerastase, and Matrix. L'Oréal sells products through a distribution network of mass market, department stores, pharmacies and drugstores, hair salons, travel retail, and branded retail and e-commerce platforms.
L’Oréal announced a venture capital fund called BOLD through which the company plans to invest in wellness and beauty start-up brands, Data and tech augmented innovations, sustainability and Green biotech start-ups and digital tech accelerating platforms for better retail and service experience for its clientele.
L'Oréal's Technology Incubator (California Research Center [CRC]), the venture arm of L'Oréal Research & Innovation, invests in start-ups mainly focused on projects ranging from flexible electronics, tissue engineering, synthetic biology, and new functionalized cell models. The incubator partners with academics and entrepreneurs to innovate new products and solutions for beauty industry.
L'Oréal has an innovation and intrapreneurship lab, the MYT(Make Your Technology ), in Aulnay, that focuses on the intrapreneurship and innovation approach for the production and supply chain operations for the EMEA zone
This report provides insight into L'Oréal S.A's activities, including its digital transformation strategies, its innovation programs, its technology initiatives, its estimated ICT budget, and its major ICT contracts.
Scope
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