freedom , lakme ,first ,beauty brand was born. At a time when the beauty industry was at nascent stage . Lakme tapped into what would grow to be among the leading, high consumer interest segments in the industry that of skincare and cosmetics products. Lakme has grown to be the market leader in the cosmetics industry. History Type - Private Industry - Personal care and Beauty salon Founded - 1952; 70 years ago Founder - J.R.D TataSimone Tata Headquarters - India Area served - IndiaNepal Key people - Pushkaraj Shenai (CEO Lakmé Salon) Products - Cosmetics, beauty products, and Salon services Website - lakmeindia.com Lakmé is an Indiancosmetics brand, as it is owned by Hindustan Unilever. Having Shraddha Kapoor, Kajol Devgn, Kareena Kapoor, and Ananya Pandey as brand ambassadors, it ranked at number 1 among the cosmetics brands in India. Lakme started as a 100% subsidiary of Tata Oil Mills (Tomco). It was named after the FrenchoperaLakmé, which itself is the French form of devi Lakshmi (the Hindu goddess of wealth) who is renowned for her beauty. It was started in 1952 famously, because Prime Minister Jawaharlal Nehru was concerned that Indian women were spending precious foreign exchange on beauty products and personally requested JRD Tata to manufacture them in India. Simone Tata joined the company as director and went on to become the chairperson. In 1996, Tata sold off their stakes in Lakmé Lever to HUL, for Rs 200 Crore (45 million US$). For this it has introduced a range of skincare products from 1987 These ranges have been constantly innovated to bring specialized beauty care With a unique blend of understanding of women of all ages , today ,lakme is all settings trends and dominating the fashion arena In 2014, Lakme was ranked 36th among India's most trusted brands according to the Brand Trust Report 2014.The company is the title sponsor for Lakme Fashion Week (LFW) a bi-annual fashion event which takes place in Mumbai. A brand that has over 5 decades talked of beauty is none other than lakme Launched in 1952 it offered a range of cosmetics with nail polishes & lipsticks from the early 80’s Lakme also understand the importance of maintaining and accentuating a women’s natural beauty In The Brand Trust Report 2012, Lakme swa ranked 104th among India's most trusted brands and following year it was ranked 71st on the list Product description Lakme is a world renown and great cosmetics company A wonderful gift hamper for today's women This gift hamper is a great choice for gifting on any occasion Product categories Lakme lipstick Lakme nail polish Lame eyeliner Lakme kajal Lakme strawberry face wash 50 grams Lakme radient rose powder Lakme nail enamel remover Lakme strawberry silk cream 50 grams Lakme shampoo Market share Revlon has a market of 80% in the premium market. Lakme is the overall market leader in the color cosmetics with a wide range of product and prices both The organized color cosmetics market is estimated at Rs 340 crore currently Revlon’s sales account for Rs 60 crore of that the market with sale of Rs 100 crore competitors Several multinational companies such as REVLON ,YARDLY, GARNIER,L’OREAL entered in the market. These companies initially cashed on their international brand REVLON ,MAYBELLINE &AVON with the major part of the rest other international brand in the sector includes L'Oreal some of them engaged in the level if marketing model for their products. Distribution There are two categories of channel of distribution Prestige –department stores, specially stores and chain department stores Broad –food stores, cosmetic discounters, warehousing clubs, and mass merchandisers Promotional activities It is identified by five different marketing methods: Direct sales Direct mail/TV/print Free standing stores Health food stores salons Helpful weaknesse To achieving the objective strengths s
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(attributes of the (attributes of the organization) environment ) New product and services