HomeHome
About usAbout us
PublicationsPublications
Yangtze Business NetworkYangtze Business Network
Business toursBusiness tours
ConferencesConferences
ConferencesConferences
Yangtze KnowledgeYangtze Knowledge
Contact usContact us

 
     
2012
2011
2010
2009
2008

News

L’Oreal to expand in Yichang

16 September 2009
L'Oreal China president Paolo Gasparrini and three of his senior managers met with the Communist Party Secretary of Yichang on 10 September and pledged to increase investment at annual rate of 69 per cent over the next three years to turn its plant in Yichang, Hubei province, into L’Oreal’s largest production facility in Asia.

In 2004, the France-based cosmetics and beauty giant bought the Hong Kong-based skincare company Mininurse, which was running a plant in Yichang. Today, the factory produces a range of products under the L’Oreal and MiniNurse brands. Mininurse is a leading name in China’s mass market skincare sector and is especially popular in the western region.

The plant’s output in 2008 exceeded Rmb80m and is expected to reach Rmb130m in 2009.

Yichang, situated in the west of Hubei, is the gateway to the Three Gorges Dam area.
     
Copyright © Yangtze Business Services 2012           Tel: +44 (0)20 8874 3217  info@YangtzeBusinessServices.com


Maznet Web Design Agency