L'Oreal CEO: Consumer demand must be stimulated by innovation
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L'Oreal CEO Nicolas Hieronimus emphasized the importance of innovation in stimulating consumer demand. The company is investing $160 million in a new U.S. Research & Innovation facility.
March 04, 2025 | 5:15 am
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L'Oreal is investing $160 million in a new U.S. Research & Innovation facility to drive consumer demand through innovation.
The significant investment in a U.S. R&I facility indicates L'Oreal's commitment to innovation, which is likely to enhance product offerings and stimulate consumer demand, potentially boosting revenues.
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