Accelerated Analytics Beauty Customers L’Oreal-Lancome, Chanel and LVMH Make Forbes World’s Most Valuable Brands List

L’Oreal and several of its luxury divisions, including Lancome, utilize Accelerated Analytics to process and normalize their North America retailer POS data.

L’Oreal was announced as # 33 in the list. The L’Oreal Luxury segment markets high-end skin care and beauty products. Forbes lists its value at $107.5 billion. Lancome was just announced as being #93 on Forbes ‘The World’s Most Valuable Brands’ list. Lancome is a French luxury cosmetics house which L’Oreal has owned since 1964. The brand’s sales increased 6% in 2016. Lancome’s Definicils mascara has been a top-ranking mascara for over 10 years. Lancome’s brand value, as reported by Forbes, is $7.1 billion.

LVMH/Louis Vuitton, listed as #20 in the list, and Chanel, rated #87, both utilize Accelerated Analytics for sales and inventory analysis and daily reporting of Parfums Givenchy, Guerlain and Christian Dior products at Dillard’s.

Source: Forbes.com

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