Asmita Dubey’s Post

"Beauty will remain profoundly human." At the The Consumer Goods Forum Global Summit earlier this June, Nicolas Hieronimus, CEO of L'Oréal, shared a core belief that resonates deeply: Despite the transformative power of technology, the fundamental human experience of beauty will endure. Earlier this year, Innosight recognized L'Oréal as one of five “Consumer Transformation Leaders” – companies that are turning industry disruptions into opportunities. L'Oréal is deep into its transformation to a “beauty tech” company – moving from traditional cosmetics manufacturing to integrating advanced technology within its products and services. This shift has spurred continuous innovation, fostered new partnerships, and expanded their global consumer connections. Importantly, L'Oréal is committed to building a robust data infrastructure, operating model, and tools to make more agile, data-informed decisions, and fostering a culture of innovation. Nicolas made it clear that while L'Oréal is building new capabilities around data and technology to drive greater personalization, performance, and inclusivity, their success ultimately relies on keeping the consumer at the heart of their strategy – not just meeting but anticipating consumer needs by merging technology with human imagination, creativity, and innovation. He emphasized that the future of beauty, though powered by technology, will be deeply shaped by our humanity. This serves as a powerful reminder for all leaders: While the transformative power of technology, like AI, can revolutionize how organizations operate and innovate, the true value lies in staying attuned to the human element. Reflect on your strategies – are they truly centered on human needs? Are you merely applying technology, or are you using it to enrich and transform the human experience? Let's draw inspiration from L'Oréal’s journey. How can we more effectively use technology to serve and amplify human values, capabilities, and well-being? #CGFsummit Brian Hindo Claudia Pardo

[FSD Reflection] Explore The Beauty Tech Landscape with L'Oréal 💄✨ The beauty industry is always "on the move", driven by the evolving needs of our customers. Today's beauty lovers are all about that seamless, personalized, sustainable, and inclusive experience. And guess what? This demand has given rise to the incredible world of beauty tech! The global revenue for beauty tech skyrocketed to a whopping $3.8 billion USD in 2021, with a remarkable CAGR of 18.8% (Caliò and Şabanoğlu, 2022). As a beauty tech enthusiast (who devoted my final assignment essay to writing about beauty tech and L'Oréal), I was thrilled to listen to anh Chau Huynh - Talent Acquisition Manager at L'Oréal sharing about the beauty tech landscape and L'Oréal. ✨ What impressed me the most is  L'Oréal’s quote “Freedom to go beyond, that’s the beauty of  L'Oréal”. L'Oréal empowers employees (and candidates) to be completely themselves, take risks and create the unthinkable.  ✨ A small detail that inspired me a lot: Although L'Oréal focuses on the beauty industry from the very start, L'Oréal “chooses the battle” wisely to strive for better growth. L'Oréal chooses to “play” in the FMCG playground, competing with FMCG giants so that the company is not in its comfort zone and is always “fast-moving”. Listening to anh Chau Huynh’s sharings about L'Oréal, even though it was an online session, I can feel the enthusiasm and pride that he has when working at L'Oréal. It was so inspiring for young people like me. __________ Reference: Caliò, S. and Şabanoğlu, T. (2022). Statista DossierPlus: Beauty tech. [online] Statista. Available at: https://lnkd.in/gJfT_2ri [Accessed 17 Sep 2023]. __________ #FSD #FSDGEN4 #DigitalMarketing #Ecommerce #BeautyTech #Innovation

Unlocking Beauty Tech: Insights from L’Oréal | 9th Reflection on the FSD Program In this session, Mr. Chau Huynh, our trainer, provided a deep dive into the world of the L’Oréal Group, and it was nothing short of enlightening. What stood out prominently was L’Oréal's unique identity as a "beauty tech company" rather than a traditional beauty entity. Their commitment to using technology as a transformative force in the cosmetics industry resonated with me. They utilize tech to personalize beauty, foster inclusivity, offer virtual dermatological care, refine product formulation through science, and elevate the overall retail experience. One particular quote from L’Oréal's founder left me pondering: "A company is not walls and machines, it's people, people, people." This statement beautifully encapsulates the importance of valuing and nurturing the human element within an organization, no matter how technologically advanced it becomes. It's evident that L’Oréal places a significant emphasis on its global workforce, and this approach has undoubtedly contributed to their success. As I reflect on these insights, I can't help but think about the broader implications of technology-driven transformations in traditional industries. How can other sectors learn from L’Oréal's example and harness technology to stay relevant and customer-centric? This session has sparked my curiosity about the intersection of technology, innovation, and human-centric values in business. I eagerly anticipate going deeper into these dynamics as I continue my learning journey. #FSD #FSDGEN4 #Tech #Data Photo by Fulvio Ciccolo on Unsplash

The tech ecosystem that we are seeing today is, at the same time, crazy, energizing, overwhelming and inspiring. It’s opening so many possibilities that I am still processing the fast developments that have taken place during the last year.   At L'Oréal, for example, our conviction that technology can push the boundaries of what’s possible has challenged us and our teams to live with a constant out-of-the-box mindset. We are playing hard in building the ecosystem of today and shaping the beauty of tomorrow.  For us, beauty can deliver a positive impact far beyond the functionality of products; we have a role to play in contributing to a more sustainable, inclusive, creative, and health-oriented world and we want to continue pioneering the role of beauty tech in this world.   The innovations that we have developed lately (some presented in the last edition of VivaTech) are the materialization of this dream. We are using the full arsenal of augmented beauty, data-powered diagnostics, smart devices and the new codes of beauty to deliver what we call “beauty for all”. From the fun, creative innovations of physical stickers and avatar looks, or Maybelline’s MS Teams beauty app, to La Roche Posay’s Spotscan and Lancôme’s Hapta devices to tackle inclusivity, and our L’Oréal Professionnel water saver, we see opportunities to enhance beauty: virtual, personalized, inclusive and sustainable beauty.     For the last decade we have been pushing ourselves to see the possibilities that technology can enable. We keep the bar high because we truly believe we can impact society in a significant and positive way. The rapid pace of evolution and growth of technology is a constant stretch, and even if I find it overwhelming sometimes, it’s much more exciting and energizing. In fact, trying to picture how the next 3, 5 or 10 years will look like keeps me busy and a little crazy too! 😉 #Technology #Innovation #ShapingTheFuture #WeAreLoreal Barbara Lavernos Asmita Dubey Guive Balooch Béatrice Dautzenberg

Our AI Lab is already starting to change the industry

L'Oréal 2024 Brandstorm competition with Kayla Chong and Sophie Buchanan "Thrilled to share a glimpse of our journey with L'Oreal Impact – a venture where passion, innovation, and the dream of revolutionizing beauty services converge. 🌟 Our project might not have made it to the next stage, but we believe in the power of our ideas and the magic they hold to transform experiences. 💡A massive shoutout to my incredible teammates, Kayla Chong and Sophie Buchanan for their relentless dedication and creativity. Let's show the world what we've envisioned. #Innovation #BeautyTech #Teamwork Thanks L'Oréal to make the L’oréal 2024 Brandstorm competition If you believe in making beauty accessible to everyone, support us by spreading the word. 🚀 Who knows? With enough voices, we might just pave the way for change. #LorealImpact"

L'Oréal CEO Nicolas HIERONIMUS captivated the audience with a groundbreaking keynote at CES 2024, showcasing the beauty giant's innovative strides at the intersection of beauty and technology. He spotlighted L'Oréal's commitment to blending augmented reality and artificial intelligence to create personalized and immersive beauty experiences. The CEO underscored the company's dedication to sustainability, unveiling eco-friendly initiatives and advanced technologies aimed at reducing environmental impact. Hieronimus also shed light on L'Oréal's digital transformation strategies, emphasizing data-driven insights to elevate customer engagement. The keynote highlighted L'Oréal's pioneering approach, positioning the company at the forefront of the beauty industry's future. #loreal #CES2024 #innovation #beautytech #beautyindustry #beauty #ceo #beautytrends #beautycare #innovate #skincare #skinhealth #socialimpact #beautybusiness #beautyproducts #customerinsights #sustainability #lead #customerengagement #ai #ecofriendly #therapeutics #science #leader

In my recent discussion on Bloomberg, we delved into how L'Oréal is leveraging technology to transform the beauty industry. 💄 By integrating digital supply chains and augmented reality apps, L'Oréal allows consumers to virtually try on products, tripling their conversion rates. This innovative approach spans from high-end Lancôme to SEPHORA, showcasing how tech-savvy strategies can revolutionize traditional sectors. Our latest Future Readiness Indicator for the #CPG sector is now live! Discover how industry leaders like L'Oréal, The Coca-Cola Company, Procter & Gamble, and Nestlé are staying ahead in the rankings: https://lnkd.in/emeZmUf9 #FutureReady #IMDImpact #CenterForFutureReadiness #FutureReadiness #BeautyTech #ConsumerPackagedGoods

🌼 L'Oréal's Beauty Tech Participating in L'Oréal's Beauty Tech sessions was an enlightening experience. It showed me how L'Oréal is using technology to shape its marketing and enhance the beauty industry. L'Oréal's mission, "beauty that moves the world," resonated with me. It's not just about selling products but also boosting self-esteem and well-being, which I value. What stood out was how L'Oréal seamlessly integrated technology. In today's digital world, adaptability is key, and L'Oréal's approach is both innovative and practical. These sessions showed L'Oréal's commitment to staying ahead by using technology across its operations. Their use of AI and data analytics for personalized beauty experiences was fascinating. I'm inspired by L'Oréal's vision and commitment to positive change through beauty and technology. It reminds me of the potential when beauty, technology, and social responsibility come together. In conclusion, the Beauty Tech sessions left a strong impression. They reinforced my belief in the power of beauty and technology with a meaningful purpose. I'm excited to see L'Oréal's continued impact on the beauty industry and beyond. #FDS #FDSGEN4 #SUPPLYCHAIN #DATA

I recently had the incredible opportunity to participate in the L'Oréal Brandstorm Challenge, an inspiring and innovative competition that pushes the boundaries of creativity and strategic thinking. The challenge was not only a testament to teamwork and perseverance but also a platform to harness our creativity towards solving real-world problems in the hair-care industry. Throughout this journey, I gained invaluable insights into the intricacies of brand innovation, digital marketing strategies, and sustainable solutions that align with L'Oréal's mission to create the beauty that moves the world. The experience of brainstorming ideas, collaborating with brilliant minds, and presenting our solutions to industry experts has been nothing short of transformative. Today, I am proud to share my Certificate of Participation in the L'Oréal Brandstorm Challenge. This achievement is not just a testament to my commitment but also a reminder of the endless possibilities when passion meets innovation. I want to extend my heartfelt gratitude to my team and everyone at L'Oréal for providing us with this platform to learn, grow, and challenge ourselves. This has inspired me to continue exploring innovative solutions with AI that can make a difference. #LorealBrandstorm2024 #Innovation #BeautyIndustry #DigitalMarketing #Sustainability #Teamwork #artificialintelligence