Learn languages naturally with fresh, real content!

tap to translate recording

Explore By Region

flag Pernod Ricard and L’Oréal reassess India strategies amid slowing growth, cost cuts, and new investments.

flag French consumer giants Pernod Ricard and L’Oréal are in India this week to reassess their strategies amid slowing growth. flag Pernod Ricard, facing declining profits despite 6% sales growth, is considering job cuts and cost reductions, while investing ₹1,800 crore in a new distillery, though a 50% excise hike threatens sales. flag L’Oréal is reorganizing its India operations, shifting to direct headquarters oversight and appointing a new country manager after growth slowed to 5% from 14%. flag Both companies reaffirm India’s strategic importance despite challenges.

3 Articles