Worldwide Leader in Cosmetics Commemorates 100th Anniversary by Giving Back Around the Globe
NEW YORK, June 4 /PRNewswire/ -- From a single product to an international family of beauty brands, L'Oreal, the worldwide leader in cosmetics, has led the beauty industry for the past 100 years with a rich history of innovation, product development and corporate responsibility. In an effort to look beyond economic success and make a positive contribution to the consumers and communities it serves, L'Oreal celebrates its centennial by supporting "generosity projects" aimed at helping those less fortunate, in more than 60 countries.
Today, across the US, 3,000 plus L'Oreal employees are rolling up their sleeves and providing over 12,000 hours of volunteer service in their communities. From helping unemployed adults prepare to re-enter the workforce and building children's bicycles, to playing bingo with seniors and caring for sheltered pets, L'Oreal employees are working together and dedicating their time and talent toward the common goal of making their local communities more beautiful.
"At L'Oreal, we believe that sustainable growth can only be achieved when you act as a responsible corporate citizen," said Laurent Attal, President and CEO, L'Oreal USA. "As a citizen of the world, we support projects that serve the wider community and which reflect the values we have upheld for almost a century."
L'Oreal has been working since 1909 to make beauty an accessible reality, developing products that meet the cultural preferences and beauty needs around the globe. Today, L'Oreal operates in more than 130 countries, markets more than 80,000 products across 23 leading beauty brands, develops more than 5,000 new formulas each year, and, in 2008 alone, filed 628 patents.
"The quest for beauty is an instinctive and fundamental human need," continued Mr. Attal. "For the past 100 years, it has been our mission to give women and men, the tools they need to enhance their beauty and well-being, and we will continue to do so as we look towards the next century."
L'Oreal is a worldwide leader in the cosmetics industry, developing innovative products to meet the diverse needs of consumers in 130 countries worldwide. With annual consolidated sales in 2008 of euro 17.542 billion, the company employs more than 67,500 people in 62 countries and manufactures 4.6 billion products in 42 industrial plants around the world. The prestigious portfolio of leading personal care products brands are developed by scientists in the company's 16 research & development centers around the world and includes: L'Oreal Paris, Garnier, Maybelline New York, SoftSheen-Carson, Lancome, Giorgio Armani, Shu Uemura, Yves Saint Laurent Beaute, Viktor & Rolf, Diesel, Cacharel, Kiehl's Since 1851, Ralph Lauren, Biotherm, L'Oreal Professionnel, Kerastase, Redken 5th Avenue NYC, Matrix, Logics, Mizani, PureOlogy, Vichy, La Roche-Posay, Sanoflore, Dermablend, SkinCeuticals and The Body Shop.