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L'Oréal CEO notes Indian Gen Z favors clear skin over fairness, targeting $1B in annual sales.
Nicolas Hieronimus, L'Oréal's global CEO, notes a generational shift in India where younger consumers favor blemish-free skin over fairness.
Despite fairness products still making up 25% of skincare sales, Gen Z is more sophisticated and influenced by global trends due to digitalization.
L'Oréal targets $1 billion in annual revenue in India, driven by a growing affluent middle class, economic stability, and rising e-commerce.
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El CEO de L'Oréal señala que Indian Gen Z favorece la claridad sobre la equidad, apuntando a $1B en ventas anuales.