Lady Cristina Owen-Jones ?

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in order to visit thishousewillexist.org

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Sir Lindsay Owen-Jones, born March 17, 1946 at Wallasey in Britain, is chairman of industry group L'Oreal since 2006 (he was president and CEO since 1988).

Joined the company in 1969, he was trained by Francois Dalle, former CEO of the Group.

Career within the L'Oréal

1969 to 1971: Executive Assistant at L'Oreal
1971 to 1974: Director of Public Products Division in Belgium
1974 to 1976: CEO Lascad in Paris
1976 to 1978: Director of Marketing Products Division Public in France
1978 to 1981: Director General of SAIPO Italy
1981 to 1984: President of the United States Cosmair
1984 to 1988: Vice-Chairman of the Management Committee
1988 to 2006: Chairman and CEO of L'Oreal
Since 2006: Chairman of L'Oreal

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Other functions

Member of the Board of Directors of Sanofi-Aventis since May 1999;
Member of the Board of Air Liquide;
Member of the Board of Directors of BNP Paribas;
Member of the Board of Ferrari1.

Decorations and Awards

March 29, 1993: appointment as Chevalier de la Legion d'honneur, promotion of the Ministry of Foreign Affairs
July 14, 1998: appointment as an Officer of the Legion of Honor, promotion of the Ministry of Foreign Affairs
2002: voted best European business leader by a panel of journalist
2003: accesses to the 27th place in the global ranking of the best bosses
July 14, 2004: appointment as Commander of the Legion of Honor, promotion of the Ministry of Foreign Affairs
June 2005: appointment as Knight Commander of the Order of the British Empire (KBE) by Queen of the United Kingdom as a reward for "his contribution to British business and serving the Franco-British relations."

Quotations

"Economic success can not but be accompanied by generosity. "
"The culture shock stimulate creativity. "

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L'Oreal: Lindsay Owen-Jones transmits commands to Jean-Paul Agon

A sequence set to the millimeter. Tomorrow, after a meeting at the Carrousel du Louvre in Paris, will take place the official inauguration of the new number one operational L'Oreal. Jean-Paul Agon, fifty years, becomes the CEO of world's leading cosmetic and the real pilot. Sir Lindsay Owen-Jones, the eldest of ten years, was unveiled in February 2005 the name of the runner, then CEO of L'Oreal USA and from the circle of his followers. He lets himself as CEO to take on as Chairman of the Board. The transition can begin.

Ironically, this new stage in the life of L'Oreal opens with the same questions as the years "OJ". Became the fourth CEO of L'Oreal in 1988, the dashing British wondered at its first meeting in April 1989: "This growth was realized that L'Oreal in 1988, are we able this year and in years who just continue to do this? The group of 3.7 billion he inherited had just closing its year with a 20% jump in sales in a global market up 6%.

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Jean-Paul Agon will now fly a group four times larger and smaller form. The consumption of cosmetics in the world grows more slowly, competitors are more numerous and stronger, and supermarkets put pressure on prices. Last year, thanks to favorable currency effects, sales growth has reached 6.5% on a reported basis, to 14.5 billion euros and 4.8% on a comparable basis.

Rush strategy
Last February, the new leader has set a goal of finding a comparable rise 6 to 8% per year, even upset the strategy of his predecessor. Internal growth has been the credo of eighteen years. "It is not contradictory with the acquisitions: they complement and feed off one another," says Jean-Paul Agon now. And the bid is pending in the cosmetics group "ethical" The Body Shop reflects this change of tone.

The acquisitions have certainly not been totally absent since 1988. The portfolio has increased from 9 to 18 major brands and has diversified to address all the beauties of the world. But more than an end in itself, these purchases were to go faster internationally. Past local brands into the fold of L'Oreal were then "maybellinisées" or "garniérisées" as Colorama in Brazil or Yue-Sai in China. In mid 1990, the sale to L'Oreal Inc. Cosmair its distributors. Cosmair and Canada by Nestle and the Bettencourt, then the purchase of Maybelline, which allows the turbo to the Atlantic. Within two decades, the number one global cosmetics has reduced the share of its business in Western Europe (including France) of 80% to 48%, the North American market weighing just over a quarter followed by the rest of the world.

A champion of research
A research scientist cocktails and marketing, enabling higher prices, was put together in parallel by Lindsay Owen-Jones. Between 1988 and 2005, the proportion of revenue devoted to research has remained almost stable (3.4% in 2005) but the research base has more than doubled to 3,000 and the number of patents has exploded. Renault, L'Oreal was by far the champion in this field in France in 2005, dropping 525 patents, against 80 in 1988.

This strategy paid off because the challenge of double-digit growth of net profit has been held continuously for twenty-one years. It increased from 188 million euros in 1988 (5% of sales) to $ 1.6 billion (11.3% of sales) last year.

If L'Oreal has been a real star of the French stock exchange _ the value has multiplied by 13 since 1988 to 52.4 billion euros at the end of 2005 _ it lost its appeal to investors since three years. To Jean-Paul Agon to convince them that, in addition to possible acquisitions, the consumption of cosmetics is not saturated in developed countries and only start in the world. The market is also waiting to see what use is made of the interest in the pharmaceutical company Sanofi-Aventis.

The greatest uncertainty is probably the shareholding. Before handing over, Lindsay Owen-Jones received a clarification by merging L'Oreal and its holding company Gesparal. The two shareholders, Nestlé and the Bettencourt family, will find their eventual freedom. The prelude to possible further changes.

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The will of managerial Lindsay Owen-Jones
Thanks to her L'Oreal became No. 1 in the world of cosmetics. Cult manager of L'Oreal for 20 years, Sir Lindsay Owen-Jones goes to the bar Jean-Paul Agon on the day of her 65 years. And displays a managerial record to envy: in its management, the group saw sales increase by 6, its profits by 12, its share price by 25. The secret: stay focused on its business and preserve the independence!

Lindsay Owen-Jones left the presidency of L'Oréal day of its 65 years, Thursday, March 17, and passes control to his heir, Jean-Paul Agon (a pure "The Oréalien" him too!) And already CEO since 2006. L'Oreal, still family-owned business on the capital plan, has become an international group under the reign of managerial Welsh, always from 4 pins, remained more than 20 years at the helm. The portfolio of brands dedicated to the beauty dream: Lancome, Vichy, Garnier, Cacharel, Ralph Lauren ...

"OJ" speaks to the press shortly. In Pçjnt last September, he had agreed an interview, primarily to explain his role in the affair which engaged the attention Bettencourt then chronicles: Directors of Nestlé (they hold 29.8% stake in L'Oreal) he had publicly criticized for giving contracts to huge sums to Francois-Marie Banier, the famous photographer "friend" Liliane Bettencourt. A choice of management-but not a fault-and especially a story that should not overshadow all the strategic decisions to make the asset manager's Welsh.

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"OJ" explains briefly the two basic reasons for the sustained success of L'Oreal:

1) His focus on the beauty business. The group integrates all

2) Its independence, the guarantee of creativity and high motivation among employees. Independence that Lindsay Owen-Jones sees no threat from Nestle. Although there are fears that the death of Liliane Bettencourt, the multinational Vevey increases its stake in L'Oreal.

A countdown of his colleagues in the CAC40, OJ has always distanced himself from politics and has never sought salvation from a particular tenant of the Elysee.

"The Model L'Oreal" (Pearson Publishing), Beatrice Collin and Daniel Rouach have recently shelled. These two teachers at the ESCP-Europe recall the secret weapon of the global cosmetics giant, its fabulous effort in R & D (20,000 patents!) And his formidable political and competitive technical intelligence.

They also dissect the strategy developed by Owen-Jones "Competition Management" externally but also internally above. The competition is central to the organization of L'Oreal and its operation. The corporate culture grows challenger brands to each other. The competition is still central to all projects. A conference room is even dedicated to the confrontation at the headquarters of L'Oreal, Clichy, in the Paris suburbs!

The authors also emphasize the managerial transformation of L'Oreal in the reign of OJ: "The other is built into the core system. In the early 1980s, 70% of managers were French. In the early 1990s, 70% managers are foreigners. "

Scarcity in large groups at this time, L'Oreal boss changes smoothly, and Lindsay Owen-Jones (who is honorary president) goes hand ... bang!

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The origin of L'Oreal goes back to 1907 when Eugene Schueller, a young French chemist from Alsace graduate of the Institute of Applied Chemistry, Paris (now National School of Chemistry, Paris) in 1904, develops a formula synthetic methods for dyeing hair. This formula is called the Aureal, name inspired by a popular hairstyle of the era and from the portmanteau word aurora borealis.

On 30 July 1909, he founded the French Society of harmless hair dyes in the company of Andre Spery, accountant from Epernay and employee spirits producer Cusenier. The company is located in a two-bedroom, rue d'Alger, Paris, being both an office and showrooms.

1928 marks the acquisition of the League of French Soaps, created in 1920, rue Martre Clichy, better known by its brand name Monsavon. It symbolizes the entrance to L'Oreal in consumer products. Monsavon has since been sold to Procter & Gamble, Sara Lee and then finally at Unilever since 2011.

In 1936, she became an LLC.

Eugene Schueller puts his personal means to the formation of far-right group Secret Committee of Revolutionary Action (CSAR), better known by the nickname of The Hood with Andre Bettencourt part. The headquarters of L'Oreal offer many meetings of the organization.

In 1938, Eugene Schueller put in place the company on "salary commensurate, which tracks the sales.

On April 4, 1939, the company changed its name to L'Oreal. She moved to 14 rue Royale, a prestigious Parisian thoroughfare linking the Place de la Madeleine, Place de la Concorde.

During World War II, Andre Bettencourt will lead the French collaborationist magazine, The Earth French. In 1942, Eugene Schueller Bettencourt Andrew sends in Switzerland in order to aryanisation Nestlé where he became a leading shareholders4.

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After the war, Andre Bettencourt joined the group management. Spanish's Oreal, is created by Henri Deloncle's brother Eugène, she uses the Cagoulard Jean Filliol condemned so that joint responsibility of killing Oradour sur Glane5, enabling him thus escape the execution of his sentence. Mitterrand also was hired as CEO of the magazine (promotional products L'Oreal) Your Beauté6.

Jacques Correze, meanwhile, took the head of L'Oreal-United States. COSmetics for hair (Cosmair) becomes the sole agent for L'Oreal products in the Americas. The same year, the group enters into technical agreements with the Society of Hygiene Dermatology Vichy, to integrate the pharmacy market.

Andre Bettencourt wife Liliane, the only daughter of Eugene Schueller in 1950. It will be Secretary of State Pierre Mendes-France from 1954 to 1955, then minister from 1966 to 1973.

Francois Dalle took charge of the group in 1957, Schueller's death. Liliane Bettencourt is the sole shareholder of the group.

L'Oreal expands two years later in Brazil where it creates FAPROCO (Fabrica Produtos Cosméticos SA).

The group becomes a limited company and goes public in 1963.

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In 1976, Francois Dalle (then President and CEO) and Liliane Bettencourt (daughter of the founder) are building on the site of the old factory Monsavon (Rue Martre Clichy) a set of offices and laboratories center research. The goal is to bring together the various technical and sales scattered throughout Paris.

Located since 1935 in Courbevoie, Lancôme is cramped with its development. Armand Petitjean (its founder) then bought a plot of 39,000 m2 Chevilly-Larue (Val-de-Marne) among gardeners and horticulturists, Lancôme will move into its new premises in 1962. Quant) Aulnay plant, amounts to the creation and Jean Denis Valode Pistre. Winners of the architectural competition launched by L'Oreal for the construction of this new production site, there holds the roof in three white petals.

There is a production site in Orleans Gemey Ormes and a site logistics Garnier Gemey (Orleans-Ingres).
Activities
L'Oréal group's global presence

Organized by distribution channels, the group L'Oreal has four operating divisions: professional products, consumer products, luxury products and active cosmetics. Galderma and The Body Shop, full activities are directly related to the branch. L'Oréal also owns interests in various activities such as fine chemicals, health, finance, design, advertising, insurance.
Professional Products

The original activity of the group serves the salon professionals.

L'Oreal Professional, a leading brand, which includes ARTec (acquired in 2002) and innate (brand created by L'Oréal in 1995 and initially developed its own)

L'Oreal Technique, formerly L'Oreal Classic Salon Products.

Kerastase is the brand created by L'Oréal in 1964. She Keralogie styling in some countries until recently [when?].

Esthetics Kéraskin whose launch took place in 2007 specializes in skin care professionals.

Redken 5th Avenue NYC is a brand created by Paula Kent and Jheri Redding in 1960 and bought by L'Oreal in 1993.

Matrix Essentials is a brand created by Arnie Miller in 1980 and acquired by L'Oréal in 2000.

Mizani is a brand created in 1991 and acquired by L'Oréal in 2001.

PureOlogy Research is a company founded in 2001 and acquired in 2007.

It also distributes products hairdresser Alexandre de Paris.

The Group also owns the American distributors of professional products Beauty Alliance (established in 1999, bought 30% in 2006 and fully in 2007), Maly's West (also acquired in 2007), Columbia Beauty Supply (acquired in 2008) and Idaho Barber & Beauty Supply (acquired in 2009).
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Consumer Products

This activity, the most popular group [ref. required], is that of high technology products distributed in supermarkets.

L'Oreal Paris, premium brand, with Elsève (Elvive, Elvital), Elnett, Studio Line, Perfection, Wholeness, Body Expertise, Dermo-Expertise, Solar Expertise Kids, Progress Male, Men Expert, Ombrelle (Canadian brand created in 1990 and acquired in 1997).

Garnier Ambre Solaire holds, Delial (a brand of solar products founded in 1935 and acquired in 2005), Fructis, Ultra Doux Skin Naturals, Grafic, Neutralia, Obao, Start, Mininurse (a brand created in 1992 and bought late 2003) .

Maybelline (founded in 1915 and acquired in 1996) has backed Gemey (in France), Jade (in Germany), Colorama (Brazil) and Miss Ylang (Argentina) to better spread outside the U.S. . Gemey also runs the license for Club Med sun.

SoftSheen-Carson is a brand created by the merger of Carson (founded in 1901 and acquired in 2000) and Soft Sheen Products (founded 1964 and acquired in 1998).

The Beauty Creators Club, founded in 1987 by L'Oreal and 3 Suisses, is today the sole property of L'Oreal. It offers mail order and internet7, cosmetics brands Agnes b., Corinne Cobson, Cosmence, Michel Klein, Marina Marinof, Natural Sea Beauty, Professor Christine Poelman, Bioexigence, Franck Provost and The Body Shop.

Lascad distributes brand Airness, Wellbeing, Daniel Hechter, Dop (with Cadonett, Vivelle Dop and Little), Eau Jeune Fluoryl, Franck Provost, Gloria Vanderbilt, Men H, Jacques Dessange, Jean Louis David, Mennen, Mixa, Narta, Printil, Slava Zaitsev, Ushuaia and Vittel.

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Perfumer (formerly Selective Beauty International) distributes fragrances and Harley Davidson Kookai.

Luxury Goods

This activity, the most profitable group [ref. necessary], includes selective distribution brands:

Lancôme, created by Armand Petitjean in 1935, was acquired by L'Oréal in 1964.
A year later, the cosmetic activity of Guy Laroche is created at the initiative of L'Oreal.
Biotherm, founded in 1950, was bought by L'Oreal in 1970.
In 1985, Ralph Lauren, whose first fragrances dating from 1978, gives license its fragrances and cosmetics at L'Oreal.
Paloma Picasso brand created by the daughter of Pablo Picasso and Francoise Gilot, whose license was granted in 1984, is also acquired by L'Oréal in 1985.
Helena Rubinstein and brands Giorgio Armani, whose activities are created cosmetics in 1975, are redeemed by L'Oreal in 1988.

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Kiehl's is a brand created in 1851 by John Kiehl and bought by L'Oreal in 2000.
Shu Uemura, whose initial activities date from 1955-1960, is the subject of a minority stake in 2000 and majority in 2003.
Yue-Sai, founded in 1992, was acquired in 2004.
Cacharel perfumes, name brand of ready to wear created by Jean Bousquet in Nimes in 1962, are created under license in 1975. The first fragrance released in 1978.
Diesel, Italian brand founded in 1978 by Renzo Rosso, L'Oreal is a license since 2006.
Viktor and Rolf Snoeren Horsting, L'Oréal in 2002 to grant the license to use their brand Viktor & Rolf created in 1992.
In 2008, L'Oreal buys PPR's Yves Saint Laurent Beauté division including Yves Saint Laurent, Boucheron, Oscar de la Renta, Stella McCartney, Roger & Gallet (who joined the active cosmetics division) and Ermenegildo Zegna.

Only licenses for cosmetics are the property of Loreal brands for Cacharel, Diesel, Giorgio Armani, Guy Laroche, Paloma Picasso, Ralph Lauren, Viktor & Rolf, Yves Saint Laurent, Boucheron, Stella McCartney, Oscar de la Renta, Ermenegildo Zegna and Maison Martin Margiela.
Active cosmetics

Dermo-cosmetic advice and prescriptions.

Vichy (brand founded by George Guerin following his visit to the baths of the namesake city in 1931), including activities such as Dermablend, Dercos, Basic Rights, Sun Capital ...
La Roche-Posay (brand founded by Professor Rene Levayer in 1975) including activities and PHAS BioMedic. The Group acquired in 2003 from family Lesrel, the source and grounds of La Roche-Posay (his regular supplier of mineral water for its products).
Innéov Nutricosmetics (brand created by L'Oreal and Nestle in 2002)
Sanoflore (laboratory created in 1986 and bought by L'Oreal in 2006)
SkinCeuticals (brand created in 1994 and acquired by L'Oréal in 2005)
Roger & Gallet (brand created in 1862 and acquired in 2008 by L'Oreal, PPR in Yves Saint Laurent Beauty)

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Dermatology and other activities

Group activities outside of cosmetic, dermatology to finance through health, fine chemicals ... This sector accounts for 2% of sales (consolidated) group for the year 2004.

Galderma (set up by L'Oreal and Nestle in 1981)
Sanofi-Aventis (group with roots in the fusion of Synthelabo (set up by L'Oréal in 1970) with Sanofi Aventis and then)
Areca (design studio created in 1966)
Chimex (partnership development and production of chemicals and biotechnology companies created in 1938)
Episkin (engineering firm skin bought by L'Oreal in 1997)
Skinethic (engineering firm skin bought by L'Oreal in 2006)
Consortium General Advertising
Artistic Development Corporation
SCI Socinay
Regefi, Finval, Sofy, Sparlys, L'Oreal USA Federal Credit Union
Lehoux & Jacque and L & J Re
The Body Shop (UK-based ethical cosmetics)

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Former activities

Beauty, fashion, visual ...

Marie Claire group (49% of the capital from 1993 to 2001)
Lanvin (perfume and fashion)
Méthode Jeanne Piaubert
Parfums Naf Naf (license acquired in 1991 and sold in 2004)
Perfume Laura Ashley (license acquired in 1996 and stopped in 2002)
Parfums Ted Lapidus
Perfumes Jacques Fath
Parfums Andre Courreges
Monsavon (first branded consumer product group)
Phytosolba / Caster (Group companies sold Ales)
Cernep laboratories (Clinical Nutrition)
Artcurial (art gallery)
Canal + / Paravision / City Film / Roissy Films
Chiminter Hymo and laboratories anglas (beauty hygiene division) 1989

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