Latin America is an attractive and lucrative target market for global cosmetics companies looking to expand overseas. Multinationals have been quick to establish their brands in the region, given its heavily urbanised and increasingly prosperous population of 600 million, an economy of US$5.7trillion, and greater available credit.
Latin Americans turn to local brands
Due to the growth spurt, local companies have had fertile ground to develop and in some cases become world class competitors in their own right.
You need to be a subscriber to read this article.
Click here to find out more.
Click here to find out more.
You may also like
Research & Development
L’Oréal and Unesco to honour ‘pioneering’ scientists at 2026 For Women in Science International Awards
Read moreFive scientists have been named laureates in the programme’s 28th edition, which recognises the excellence of women in science worldwide, for their work in tissue engineering, genomic research, agricultural biotechnology and more
Trending Articles
-
You need to be a subscriber to read this article.
Click here to find out more.
You may also like
Research & Development
L’Oréal and Unesco to honour ‘pioneering’ scientists at 2026 For Women in Science International Awards
Five scientists have been named laureates in the programme’s 28th edition, which recognises the excellence of women in science worldwide, for their work in tissue engineering, genomic research, agricultural biotechnology and more
You need to be a subscriber to read this article.
Click here to find out more.
Click here to find out more.
You need to be a subscriber to read this article.
Click here to find out more.
Click here to find out more.
You need to be a subscriber to read this article.
Click here to find out more.
Click here to find out more.
Fragrance
Analysis: L’Oréal’s growth gameplan for acquisitions Creed, Balenciaga and Bottega Veneta
After completing a blockbuster deal with Kering, L’Oréal will use these newly acquired brands to fuel growth of its Luxe division like it did with YSL Beauté, but the bet does not come without risks. Cosmetics Business investigates L’Oréal’s roadmap