Latest news with #AseemKaushik
Fashion Network
21-07-2025
- Business
- Fashion Network
L'Oréal reorganises its management in India to support growth
L'Oréal India, the subsidiary owned by global cosmetics giant L'Oréal, has reshaped its Indian governance. The change underlines the company's ambitions to expand in one of the world's most dynamic beauty markets. As of October 1, Jacques Lebel will take up the position of country manager for the Indian subsidiary, succeeding Aseem Kaushik, who will assume the role of president. This change in management comes at a time when the French cosmetics giant is aiming to more than double its business in India over the next few years. This ambition is underpinned by the rapid growth of the country's beauty market, fuelled by the emergence of an expanding middle class and increased demand for cosmetics and skincare products. Jacques Lebel was previously general manager of L'Oréal's Consumer Division in Mexico. Prior to joining L'Oréal, he held marketing and general management positions at Procter & Gamble and AB InBev. Aseem Kaushik, meanwhile, will take on the role of president of L'Oréal India, with a mandate focused on corporate reputation, public affairs, institutional relations, and CSR initiatives. Present in India since 1994, L'Oréal today boasts a varied portfolio, ranging from consumer brands such as L'Oréal Paris, Maybelline New York, and Garnier, to luxury brands such as Lancôme, Kiehl's, and Yves Saint Laurent Beauté. L'Oréal produces 95% of what it sells in India locally, at a rate of around 500 million units a year. A significant proportion of this production is exported, notably to the Gulf States. In an exchange with the press, L'Oréal CEO Nicolas Hieronimus reaffirmed the strategic importance of India for the group. "We intend to expand our factories, increase our production capacities, and strengthen our exports", he declared last June. The company has also stepped up its investments in the local ecosystem, recently acquiring stakes in two emerging Indian brands - Deconstruct (skincare) and Arata (haircare) - via its Bold investment fund dedicated to innovative start-ups in the sector. The Indian beauty market could reach $30 billion (€28.8 billion) by 2027.
Fashion Network
21-07-2025
- Business
- Fashion Network
L'Oréal reorganises its management in India to support growth
L'Oréal India, the subsidiary owned by global cosmetics giant L'Oréal, has reshaped its Indian governance. The change underlines the company's ambitions to expand in one of the world's most dynamic beauty markets. As of October 1, Jacques Lebel will take up the position of country manager for the Indian subsidiary, succeeding Aseem Kaushik, who will assume the role of president. This change in management comes at a time when the French cosmetics giant is aiming to more than double its business in India over the next few years. This ambition is underpinned by the rapid growth of the country's beauty market, fuelled by the emergence of an expanding middle class and increased demand for cosmetics and skincare products. Jacques Lebel was previously general manager of L'Oréal's Consumer Division in Mexico. Prior to joining L'Oréal, he held marketing and general management positions at Procter & Gamble and AB InBev. Aseem Kaushik, meanwhile, will take on the role of president of L'Oréal India, with a mandate focused on corporate reputation, public affairs, institutional relations, and CSR initiatives. Present in India since 1994, L'Oréal today boasts a varied portfolio, ranging from consumer brands such as L'Oréal Paris, Maybelline New York, and Garnier, to luxury brands such as Lancôme, Kiehl's, and Yves Saint Laurent Beauté. L'Oréal produces 95% of what it sells in India locally, at a rate of around 500 million units a year. A significant proportion of this production is exported, notably to the Gulf States. In an exchange with the press, L'Oréal CEO Nicolas Hieronimus reaffirmed the strategic importance of India for the group. "We intend to expand our factories, increase our production capacities, and strengthen our exports", he declared last June. The company has also stepped up its investments in the local ecosystem, recently acquiring stakes in two emerging Indian brands - Deconstruct (skincare) and Arata (haircare) - via its Bold investment fund dedicated to innovative start-ups in the sector. The Indian beauty market could reach $30 billion (€28.8 billion) by 2027. This article is an automatic translation. Click here to read the original article.
Fashion Network
21-07-2025
- Business
- Fashion Network
L'Oréal reorganises its management in India to support growth
L'Oréal India, the subsidiary owned by global cosmetics giant L'Oréal, has reshaped its Indian governance. The change underlines the company's ambitions to expand in one of the world's most dynamic beauty markets. As of October 1, Jacques Lebel will take up the position of country manager for the Indian subsidiary, succeeding Aseem Kaushik, who will assume the role of president. This change in management comes at a time when the French cosmetics giant is aiming to more than double its business in India over the next few years. This ambition is underpinned by the rapid growth of the country's beauty market, fuelled by the emergence of an expanding middle class and increased demand for cosmetics and skincare products. Jacques Lebel was previously general manager of L'Oréal's Consumer Division in Mexico. Prior to joining L'Oréal, he held marketing and general management positions at Procter & Gamble and AB InBev. Aseem Kaushik, meanwhile, will take on the role of president of L'Oréal India, with a mandate focused on corporate reputation, public affairs, institutional relations, and CSR initiatives. Present in India since 1994, L'Oréal today boasts a varied portfolio, ranging from consumer brands such as L'Oréal Paris, Maybelline New York, and Garnier, to luxury brands such as Lancôme, Kiehl's, and Yves Saint Laurent Beauté. L'Oréal produces 95% of what it sells in India locally, at a rate of around 500 million units a year. A significant proportion of this production is exported, notably to the Gulf States. In an exchange with the press, L'Oréal CEO Nicolas Hieronimus reaffirmed the strategic importance of India for the group. "We intend to expand our factories, increase our production capacities, and strengthen our exports", he declared last June. The company has also stepped up its investments in the local ecosystem, recently acquiring stakes in two emerging Indian brands - Deconstruct (skincare) and Arata (haircare) - via its Bold investment fund dedicated to innovative start-ups in the sector. The Indian beauty market could reach $30 billion (€28.8 billion) by 2027. This article is an automatic translation. Click here to read the original article.
Fashion Network
21-07-2025
- Business
- Fashion Network
L'Oréal reorganises its management in India to support growth
L'Oréal India, the subsidiary owned by global cosmetics giant L'Oréal, has reshaped its Indian governance. The change underlines the company's ambitions to expand in one of the world's most dynamic beauty markets. As of October 1, Jacques Lebel will take up the position of country manager for the Indian subsidiary, succeeding Aseem Kaushik, who will assume the role of president. This change in management comes at a time when the French cosmetics giant is aiming to more than double its business in India over the next few years. This ambition is underpinned by the rapid growth of the country's beauty market, fuelled by the emergence of an expanding middle class and increased demand for cosmetics and skincare products. Jacques Lebel was previously general manager of L'Oréal's Consumer Division in Mexico. Prior to joining L'Oréal, he held marketing and general management positions at Procter & Gamble and AB InBev. Aseem Kaushik, meanwhile, will take on the role of president of L'Oréal India, with a mandate focused on corporate reputation, public affairs, institutional relations, and CSR initiatives. Present in India since 1994, L'Oréal today boasts a varied portfolio, ranging from consumer brands such as L'Oréal Paris, Maybelline New York, and Garnier, to luxury brands such as Lancôme, Kiehl's, and Yves Saint Laurent Beauté. L'Oréal produces 95% of what it sells in India locally, at a rate of around 500 million units a year. A significant proportion of this production is exported, notably to the Gulf States. In an exchange with the press, L'Oréal CEO Nicolas Hieronimus reaffirmed the strategic importance of India for the group. "We intend to expand our factories, increase our production capacities, and strengthen our exports", he declared last June. The company has also stepped up its investments in the local ecosystem, recently acquiring stakes in two emerging Indian brands - Deconstruct (skincare) and Arata (haircare) - via its Bold investment fund dedicated to innovative start-ups in the sector. The Indian beauty market could reach $30 billion (€28.8 billion) by 2027. This article is an automatic translation.
Entrepreneur
15-07-2025
- Business
- Entrepreneur
L'Oréal Names New Chairman and Country Manager to Drive India Growth
Effective October 1, 2025, Aseem Kaushik will take over as Chairman of L'Oréal India, while Jacques Lebel has been appointed as Country Manager. You're reading Entrepreneur India, an international franchise of Entrepreneur Media. L'Oréal has announced key leadership changes aimed at strengthening its presence in India, one of the fastest-growing beauty markets in the world. Effective October 1, 2025, Aseem Kaushik will take over as Chairman of L'Oréal India, while Jacques Lebel has been appointed as Country Manager. Kaushik's elevation reflects the company's deepening engagement with India's dynamic market. In his new position, he will lead efforts in building corporate reputation, managing public affairs, enhancing stakeholder relations, and advancing corporate social responsibility initiatives. His leadership is expected to reinforce L'Oréal's long-term vision in the country. Lebel brings extensive global experience in the consumer goods sector. Before this appointment, he served as General Manager for L'Oréal's Consumer Products Division in Mexico, where he played a key role in accelerating growth. His career includes senior roles at leading firms such as Procter & Gamble and AB InBev, with responsibilities spanning Europe, India, the Middle East, and Africa. The appointments underline L'Oréal's continued commitment to India and its efforts to contribute meaningfully to the country's progress. L'Oréal India, a wholly owned subsidiary of L'Oréal S.A. since 1994, marks its 30th year of operations. The company offers 26 brands across diverse distribution channels and employs more than 1,800 professionals. It operates from its Mumbai headquarters, with regional offices, manufacturing units in Maharashtra and Himachal Pradesh, and research facilities in Mumbai and Bengaluru.
