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