LOreal Sustainability Challenge 2019
L'Oréal
LOreal Sustainability Challenge 2019: Stages and Timelines
Executive Summary Submission
Participants need to submit the executive summary on the given problem statement (case) as a 1-Slider PPT. Top 25 teams will be shortlisted for the next round.
Detailed Presentation Submission
Shortlisted teams need to submit the detailed presentation on the problem statement (case) as a 5-Slider PPT. Top 5 Finalists will make it to the Grand Finale.
Grand Finale
Top 5 teams, National Finalists, will compete for the title at the Grand Finale of L’Oréal Sustainability Challenge at L’Oréal's Head Office in Mumbai, India.
All that you need to know about LOreal Sustainability Challenge 2019
L’Oréal Sustainability Challenge is a Digital Challenge for B-School & Engineering Students which integrates the mission of Sharing Beauty With All with Employer Branding. It integrates all the principles of sustainable development at the heart of the company, covering the entire value chain of innovation, production, consumers, and communities.
L’Oréal Sustainability Challenge is our commitment to living sustainably with the mission to educate and empower the communities to make sustainable consumption choices while enhancing the beauty of the planet.
For this, we want young and passionate change agents like you, to fuel this cause.
- B-Schools: 1st and 2nd year full-time 2-year MBA students from all the B-Schools can participate in this competition.
- Engineering: Only 3rd and 4th year students of B.Tech program and 3rd, 4th & 5th year students of Integrated/Dual Degree courses of the select list of 7 engineering colleges, as mentioned below, can participate in this competition
- IIT Bombay
- IIT Delhi
- IIT Kanpur
- IIT Kharagpur
- IIT Madras
- NIT Trichy
- BITS Pilani
- A team must consist of exactly 3 members
- A team can be cross specializations or year of study
- A student cannot be a part of more than one team
- There is no restriction on the number of teams from an Institute
- Any deviation from the above will result in immediate disqualification of the entire team
Competition Structure:
It's a three-tier challenge. Participants need to complete the first two stages to qualify and enter the Final Stage of the challenge.
Executive Summary Submission
- Only registered teams will get access to the Problem Statement for the Sustainability Challenge.
- Each team will need to submit a 1-Slider Executive Summary.
- The first slide should contain team details, the second slide is for analysis or deliverables to the problems. You cannot add appendix slides. Any references should be given due credits.
- There is no predefined format. You can use your creativity to make the best presentation.
- Naming Convention: InstituteName_TeamName
- Teams need to upload the file latest by 2nd September'19, 11:59 PM on this page itself.
Detailed Presentation Submission
- Based on the executive summary submissions, we'll shortlist 25 teams.
- These teams will make a 5-slider detailed presentation on the case.
- The first slide should contain team details, other four slides are for analysis or deliverables to the problems. Any references should be given due credits. Appendix can be put beyond these 5 slides as 6th and/or 7th slide. No additional documents allowed as part of this submission.
- Teams need to upload the detailed presentation file latest by 29th September'19, 11:59 PM on this page itself.
L’Oréal Factory Immersion
- Top 25 teams will get a chance to visit the L’Oréal Factory. They will be shown L’Oréal’s work in the field of Sustainability.
Grand Finale
- The top 5 teams, National Finalists, will get a chance to present to the senior leadership team at L’Oréal's Head Office in Mumbai, India.
- Further details of the national level round will be disclosed after the submission rounds are complete.
- All decisions in the matter of eligibility, authenticity & final judgment will be with Dare2Compete and L’Oréal.
Pre Placement Interviews (PPIs) and amazing prizes to be won!
We look forward to your participation.
What are the important dates & deadlines?
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30 Aug'19, 11:59 PM IST Registration Deadline
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19 Aug'19, 02:00 PM IST Case Release and Executive Summary Submission Starts
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2 Sep'19, 11:59 PM IST Executive Summary Submission Deadline
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12 Sep'19, 07:00 PM IST First Round Results Declaration
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14 Sep'19, 12:00 AM IST Detailed Presentation Submission Starts
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17 Sep'19, 10:00 AM IST Loreal Factory Immersion
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29 Sep'19, 11:59 PM IST Detailed Presentation Submission Deadline
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14 Oct'19, 09:00 AM IST Grand Finale
Contact the organisers
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HeHelpdesk admin@dare2compete.com
About L'Oréal
L’Oréal S.A. is a French personal care company headquartered in Clichy, Hauts-de-Seine with a registered office in Paris. It is the world's largest cosmetics company and has developed activities in the field concentrating on hair colour, skincare, sun protection, make-up, perfume, and hair care.
L’Oréal launched its first hair dye in 1909 and has been in the business for 112 years. The company has 36 brands that are distributed by a workforce of almost 88,000 through various channels in more than 150 countries.
The company clocked in net revenue of $ 38.26 Billion with an operating profit of 7.4 billion USD in FY 22. The Consumer Products division is the highest-selling segment for L’Oréal, followed by L’Oréal Luxe.
Product/Business Portfolio:
L’Oréal has categorized its business portfolio under 4 major divisions:
- L’Oréal Luxe
L’Oréal Luxe is the premium range of products by L’Oréal, which includes some highly aspirational and multi experts. The range has 26 brands, out of which 17 are global
- Lancôme
- Giorgio Armani
- Yves Saint Laurent Beauté
- Biotherm
- Kiehl’s
- Ralph Lauren
- Shu Uemura
- Cacharel
- Helena Rubinstein
- Clarisonic
- Diesel
- Viktor&Rolf
- Yue Sai
- Urban Decay
- Paloma Picasso
- Atelier Cologne
- IT Cosmetics
- Mugler
- Valentino
- Azzaro
- Prada
- Consumer Products
The consumer products division has the mission to democratize beauty and make it sustainable
- L’Oréal Paris
- Garnier
- Maybelline New York
- NYX Professional makeup
- Stylenanda
- Essie
- Dark & Lovely
- Mixa
- Magic Mask
- Niely
- Professional Products
The Professional range is intended for professionals and salons, majorly to support hairdressers and the hairstyling industry
- L’Oréal Professionnel
- Kérastase
- Redken
- Matrix
- Pureology
- Active Cosmetics
Active Cosmetics division is the world leader in dermocosmetics, with brands recommended by healthcare professionals
- La-Roche-Posay
- Vichy
- CeraVe
- SkinCeuticals
- Decléor
Sustainability
The aim of the sustainable transformation program “Sharing Beauty With All”, launched in 2013, is to make L’Oréal a model company in terms of sustainable innovation, production, consumption, and in sharing its growth with all Group stakeholders.
- Sustainable Innovation
- Sustainable Production
- Sustainable Consumption
- Sharing Growth
Recent Mergers and Acquisitions:
- L’Oréal signed a deal with Prada to manufacture luxury fragrances and beauty products under its name, beginning January 2021
- L’Oréal signed an agreement with the Clarins Group in October 2019 to acquire Azzaro and Mugler
- In June 2020, a US based natural skin brand named Thayers Natural Remedy was acquired by L’Oréal
- Valentino and L’Oréal joined forces in May 2018 to create a brand new beauty collection
- Armani extended beauty partnership with L’Oréal in March 2018
Top 5 Competitors:
- Yatsen Holding
- Estee Lauder
- Avon Products
- Revlon
- Chanel
Recent News and Developments:
- In June 2021, L’Oréal announced the first cosmetic made from 100% recycled plastic under the brand Biotherm
- L’Oréal’s supply chain ranked 9th worldwide and 4th in the consumer industry by Gartner
- L’Oréal established a 50 million pounds solidarity fund, to empower women, with an aim to reach 1 million women globally
- In April 2021, all Garnier products were officially approved by Cruelty-Free International under the Leaping Bunny programme
- Viktor&Rolf fragrances to launch 3-D printed bottles for their Flowerbomb collection
Main Roles offered to Students:
Like most other FMCG brands in India, L’Oréal runs its flagship MT programme as well. for the management students. L’Oréal mostly hires MTs through summer internship programs and case study competitions like L’Oréal Brandstorm
New joinees at L’Oréal go through a 6 month MT programme during which they are required to work for several challenging stints in marketing, sales, operations, finance, IT, HR etc.