22
Jun
2016

The Booming Beauty Business

Despite the many people that you meet each day, you may have noticed than none of them are wearing the same perfume as you.This is because people – women, men, and children – use a variety of brands. Often, people in the same household do not use similar products. This is why it can be quite startling to realize that despite this, many of these brands are actually owned by the same company. In fact, some of the most popular brands in the world have been found to be owned by no more than eight brands. Think this is incredible? Consider the image provided by Dreammodels.dk below:

kendtemaerker

This shows that L’Oreal, Johnson & Johnson, Shiseido, Coty, Kao, Beiersdorf, Unilever, and LVMH are parent organizations for many of the products that you use. This is certainly an interesting situation when considering the booming business of the beauty industry.

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