L'Oréal Co. (OTC: LRLCF) (OTC: LRLCY), a global leader in the beauty industry, is undergoing significant transformations under the leadership of its CEO, Nicholas Hieronimus, according to a note by Bloomberg.<
He sees growth coming from the rise of middle classes as well people wanting premium products with higher price tags and a widening consumer base beyond women and young people.
L Oréal CEO Sees Beauty Market Rising to €400 Billion by 2030 bloomberg.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from bloomberg.com Daily Mail and Mail on Sunday newspapers.