Latest news with #JacquesLebel
Entrepreneur
5 days ago
- Business
- Entrepreneur
L'Oréal Names New Chairman and Country Manager to Drive India Growth
Effective October 1, 2025, Aseem Kaushik will take over as Chairman of L'Oréal India, while Jacques Lebel has been appointed as Country Manager. You're reading Entrepreneur India, an international franchise of Entrepreneur Media. L'Oréal has announced key leadership changes aimed at strengthening its presence in India, one of the fastest-growing beauty markets in the world. Effective October 1, 2025, Aseem Kaushik will take over as Chairman of L'Oréal India, while Jacques Lebel has been appointed as Country Manager. Kaushik's elevation reflects the company's deepening engagement with India's dynamic market. In his new position, he will lead efforts in building corporate reputation, managing public affairs, enhancing stakeholder relations, and advancing corporate social responsibility initiatives. His leadership is expected to reinforce L'Oréal's long-term vision in the country. Lebel brings extensive global experience in the consumer goods sector. Before this appointment, he served as General Manager for L'Oréal's Consumer Products Division in Mexico, where he played a key role in accelerating growth. His career includes senior roles at leading firms such as Procter & Gamble and AB InBev, with responsibilities spanning Europe, India, the Middle East, and Africa. The appointments underline L'Oréal's continued commitment to India and its efforts to contribute meaningfully to the country's progress. L'Oréal India, a wholly owned subsidiary of L'Oréal S.A. since 1994, marks its 30th year of operations. The company offers 26 brands across diverse distribution channels and employs more than 1,800 professionals. It operates from its Mumbai headquarters, with regional offices, manufacturing units in Maharashtra and Himachal Pradesh, and research facilities in Mumbai and Bengaluru.
Mint
5 days ago
- Business
- Mint
L'Oréal appoints Jacques Lebel as new country manager for India effective October 2025
New Delhi: L'Oréal India named Jacques Lebel as its new Country Manager effective 1 October 2025, marking a key leadership transition as the French beauty giant sharpens its strategic focus on the fast-growing Indian market. Lebel will succeed Aseem Kaushik, who will take on the newly created role of Chairman, L'Oréal India. 'L'Oréal has announced key leadership appointments to deepen its strategic engagement in India, a rapidly expanding beauty market. Kaushik has been appointed as the Chairman, L'Oréal India, while Jacques Lebel assumes the role of Country Manager, L'Oréal India,' the company said in a statement Tuesday morning. Kaushik, who took over as Managing Director in January 2023, began his career with L'Oréal in 1995 in its consumer products division. He was appointed to lead the India business in November 2022, succeeding Amit Jain. Kaushik's new mandate as Chairman will focus on enhancing corporate reputation, managing public affairs, strengthening stakeholder engagement, and driving corporate social responsibility initiatives across the country, the company added. Lebel previously served as General Manager of the consumer products division for L'Oréal in Mexico, where he 'significantly accelerated business growth.' Before joining L'Oréal, he held senior roles at Procter & Gamble and AB InBev across Europe, India, the Middle East, and Africa. 'These appointments reaffirm L'Oréal's deep commitment to sustainable success and its dedication to contributing meaningfully to India's development,' the company said. L'Oréal India reported a 12.6% rise in revenue from operations to ₹ 5,576.47 crore in FY24, while net profit declined marginally to ₹ 487.46 crore. L'Oréal, the world's largest beauty and cosmetics firm, entered India in 1994; the company is present in all distribution channels with 26 brands. These include L'Oréal Paris, Garnier, Maybelline New York, NYX in beauty; in hair and beauty salons it sells brands such as—L'Oréal Professionnel, Matrix, Kérastase, Redken; apart from premium personal care brands such as Kiehl's, Lancôme, CeraVe. It also sells fragrances such as Ralph Lauren, Armani, Prada, Valentino, Diesel, among others.
