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L'Oreal Eyes Expansion In Ghana, Rwanda, Other Emerging Markets

January 20, 2015: 12:00 AM EST
French beauty company L'Oreal is planning to expand its businesses in fast-growing markets, such as Rwanda and Ghana, according to a report in  SeekingAlpha. At present, about 40 percent of L'Oreal's revenue comes from emerging markets, a 62 percent increase compared with 2005. Declining revenue from the European markets is prompting the company to focus more on emerging markets.
Dana Sanchez , "L’Oreal Could Expand In Ghana, Rwanda As Eurospend Recedes", AFK Insider, January 20, 2015, © Moguldom Media Group
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