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{{Use Indian English|date=January 2019}}
{{Use Indian English|date=January 2019}}
{{Infobox company
{{Infobox company
| name               = Lakmé
| name = Lakmé
| logo               = Lakmé Logo.jpg
| logo = Lakmé Logo.jpg
| logo_size           = 170px
| logo_size = 170px
| type               = [[Privately held company|Private]]
| type = [[Privately held company|Private]]
| traded_as           =  
| traded_as =  
| foundation         = {{Start date and age|1952}}
| foundation = {{Start date and age|1952}}
| founder            = [[J.R.D Tata]] [[Simone Tata]]
| founders = {{plainlist|
| location_city       =  
*[[J.R.D Tata]]
| location_country   = [[India]]
*[[Simone Tata]]}}
| area_served         = {{plainlist|  
| location_city =  
| location_country = [[India]]
| area_served = {{plainlist|  
*[[India]]
*[[India]]
*[[Nepal]]}}
*[[Nepal]]}}
| key_people         = [[Pushkaraj Shenai]](CEO Lakmé Salon)
| key_people = Pushkaraj Shenai (CEO, Lakmé Salon)
| industry           = [[Personal care]] and [[Beauty salon]]
| industry = [[Personal care]] and [[Beauty salon]]
| products           = [[Cosmetics]], [[beauty]] products, and [[Beauty salon|Salon]] services
| products = [[Cosmetics]], [[beauty]] products, and [[Beauty salon|Salon]] services
| revenue             =  
| revenue =  
| operating_income   =  
| operating_income =  
| net_income         =  
| net_income =  
| assets             =  
| assets =  
| equity             =  
| equity =  
| num_employees       =  
| num_employees =  
| parent             =  
| parent = {{plainlist|
| subsid             =  
*[[Tata Group]] (1952–1998)
| homepage           = [http://www.lakmeindia.com/ lakmeindia.com]
*[[Hindustan Unilever]] (1998–present)}}
| subsid =  
| homepage = {{URL|https://lakmeindia.com/}}
}}
}}


'''Lakmé''' is an [[India|Indian]] [[cosmetics]] brand which is owned by [[Hindustan Unilever]]. Having [[Kareena Kapoor]] and [[Chamma]] as the ambassador, it ranked at number 1 among the cosmetics brands in India.
'''Lakmé''' is an Indian [[cosmetics]] brand, owned by [[Hindustan Unilever]]. It was named after the French [[opera]] ''[[Lakmé]]'', which itself is the French word for goddess [[Lakshmi]] who is renowned for her beauty. It was started in 1952 as a 100% subsidiary of [[TOMCO|Tata Oil Mills]], famously after Prime Minister [[Jawaharlal Nehru]] was concerned that Indian women were spending precious foreign exchange on beauty products and persuaded [[JRD Tata]] to manufacture them in India.<ref>{{cite news | url=http://indiatoday.intoday.in/education/story/make-in-india-10-indian-brands-at-par-with-foreign-brands/1/420142.html | title=Make in India: 10 Indian brands at par with foreign brands | work=India Today | date=20 February 2015 | access-date=15 July 2015}}</ref> [[Simone Tata]] joined the company as director and went on to become the chairperson.<ref>{{Cite news|url = http://www.thesundayindian.com/en/story/simone-tata/7/3142/|title = Simone Tata|access-date = 15 July 2015|publisher = The Sunday Indian}}</ref> In 1998, Tatas sold their stake in Lakmé to Hindustan Unilever<ref>{{cite news |title=Strategic move: HUL transfers licence of Lakme, Ayush to arm |url=https://timesofindia.indiatimes.com/business/india-business/strategic-move-hul-transfers-licence-of-lakme-ayush-to-arm/articleshow/3943958.cms |access-date=1 June 2022 |work=The Times of India |date=7 January 2009 |language=en}}</ref> for {{INRconvert|200|c|year=1998|mode=historical}}.<ref name="Amarnath&Ghosh">{{cite book|last=Amarnath & Ghosh|url=https://books.google.com/books?id=ihSAxpz1e4EC&q=Lakm%C3%A9+Cosmetics&pg=PA214|title=The voyage to excellence: the ascent of 21 women leaders of India IncHello|author2=Nischinta Amarnath|author3=Debashish Ghosh|publisher=Pustak Mahal|year=2005|isbn=81-223-0904-6|page=214}}</ref>
<ref>{{Cite news
 
Lakmé mainly sells coloured cosmetics products such as [[lipstick]]s, [[eyeliner]]s and [[skincare]] cream. In December 2018, it launched its e-commerce platform.<ref>{{cite news |last1=Tandon |first1=Suneera |title=HUL’s Lakmé rides on innovations, new product launches to drive growth |url=https://www.livemint.com/companies/people/hul-s-lakm-rides-on-innovations-new-product-launches-to-drive-growth-1562093106044.html |access-date=1 June 2022 |work=mint |date=3 July 2019 |language=en}}</ref><ref>{{cite news |last1=Vijayraghavan |first1=Kala |last2=Malviya |first2=Sagar |title=Fearing a fall in salon footfalls, Lakme Lever may cut headcount |url=https://economictimes.indiatimes.com/industry/cons-products/fmcg/fearing-a-fall-in-salon-footfalls-lakme-lever-may-cut-headcount/articleshow/75542781.cms |access-date=1 June 2022 |work=The Economic Times}}</ref> As of 2021, Lakmé also runs 485 [[beauty salon]]s under Lakmé Lever.<ref>{{cite news |last1=Malviya |first1=Sagar |title=Lakme Lever sales declined 19%, slipped into losses during FY20-21 |url=https://economictimes.indiatimes.com/industry/cons-products/fashion-/-cosmetics-/-jewellery/lakme-lever-sales-declined-19-slipped-into-losses-during-fy20-21/articleshow/83198662.cms |access-date=1 June 2022 |work=The Economic Times}}</ref> The company is the title sponsor for [[Lakme Fashion Week]] (LFW), a bi-annual [[fashion week]] which takes place in Mumbai.<ref name=toi02>{{cite news|title=Fashion business poised for dramatic growth: FDCI|url=http://timesofindia.indiatimes.com/Fashion-business-poised-for-dramatic-growth-FDCI/articleshow/17896739.cms|access-date=1 April 2012|newspaper=[[Times of India]]|date=2 August 2002}}</ref>
 
Lakmé has [[Shraddha Kapoor]], [[Kajol Devgn]], [[Kareena Kapoor]], and [[Ananya Pandey]] as brand ambassadors.<ref>{{Cite news
|url=https://www.mid-day.com/articles/indias-biggest-cosmetic-brand-signs-ananya-panday-as-their-brand-endorser/19896177
|url=https://www.mid-day.com/articles/indias-biggest-cosmetic-brand-signs-ananya-panday-as-their-brand-endorser/19896177
|title=India's biggest cosmetic brand signs Ananya Panday as their brand endorser
|title=India's biggest cosmetic brand signs Ananya Panday as their brand endorser
|work=Mid Day
|work=Mid Day
|language=en-US}}</ref>
|language=en-US}}</ref><ref>{{cite web|title=Top Cosmetic Brands in India|url=http://top10companiesinindia.co.in/2014/07/13/top-cosmetic-brands-in-india/|work=top10companiesinindia.co.in|access-date=12 November 2015}}</ref><ref>{{cite web|title=Top 10 Cosmetic Brands in India|url=http://business.mapsofindia.com/top-brands-india/cosmetic.html|work=mapsofindia.com|access-date=12 November 2015}}</ref> In ''The [[The Brand Trust Report|Brand Trust Report]]'' 2012, Lakme was ranked 104th among India's most trusted brands and following year it was ranked 71st on the list. In 2014, Lakme was ranked 36th among India's most trusted brands according to the [[The Brand Trust Report|Brand Trust Report]] 2014.<ref>{{Cite web|url=http://www.trustadvisory.info/allindia_2014.html |title=India's Most Trusted Brands 2014 |publisher=Trust Research Advisory |url-status=dead |archive-url=https://web.archive.org/web/20150502221904/http://www.trustadvisory.info/allindia_2014.html |archive-date=2015-05-02 }}</ref>  
<ref>{{cite web|title=Top Cosmetic Brands in India|url=http://top10companiesinindia.co.in/2014/07/13/top-cosmetic-brands-in-india/|work=top10companiesinindia.co.in|access-date=12 November 2015}}</ref><ref>{{cite web|title=Top 10 Cosmetic Brands in India|url=http://business.mapsofindia.com/top-brands-india/cosmetic.html|work=mapsofindia.com|access-date=12 November 2015}}</ref> Lakme started as a 100% subsidiary of [[TOMCO|Tata Oil Mills (Tomco)]]. It was named after the [[France|French]] [[opera]] ''[[Lakmé]]'', 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 then 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.<ref>{{cite news | url=http://indiatoday.intoday.in/education/story/make-in-india-10-indian-brands-at-par-with-foreign-brands/1/420142.html | title=Make in India: 10 Indian brands at par with foreign brands | work=India Today | date=20 February 2015 | access-date=15 July 2015}}</ref> [[Simone Tata]] joined the company as director and went on to become the chairperson.<ref>{{Cite news|url = http://www.thesundayindian.com/en/story/simone-tata/7/3142/|title = Simone Tata|access-date = 15 July 2015|publisher = The Sunday Indian}}</ref> In 1996, Tata sold off their stakes in Lakmé Lever to [[Hindustan Unilever|HUL]], for Rs 200 Crore<ref name="Amarnath&Ghosh">{{cite book
|title=The voyage to excellence: the ascent of 21 women leaders of India IncHello
|last= Amarnath & Ghosh
|author2=Nischinta Amarnath |author3=Debashish Ghosh
|year=2005
|publisher=Pustak Mahal
|isbn=81-223-0904-6
|page=214
|url=https://books.google.com/books?id=ihSAxpz1e4EC&q=Lakm%C3%A9+Cosmetics&pg=PA214 }}</ref>(45 million US$).
 
In ''The [[The Brand Trust Report|Brand Trust Report]]'' 2012, Lakme was ranked 104th among India's most trusted brands and following year it was ranked 71st on the list. In 2014, Lakme was ranked 36th among India's most trusted brands according to the [[The Brand Trust Report|Brand Trust Report]] 2014.<ref>{{Cite web|url=http://www.trustadvisory.info/allindia_2014.html |title=India's Most Trusted Brands 2014 |publisher=Trust Research Advisory |url-status=dead |archive-url=https://web.archive.org/web/20150502221904/http://www.trustadvisory.info/allindia_2014.html |archive-date=2015-05-02 }}</ref> The company is the title sponsor for [[Lakme Fashion Week]] (LFW) a bi-annual fashion event which takes place in Mumbai.<ref name=toi02>{{cite news|title=Fashion business poised for dramatic growth: FDCI|url=http://timesofindia.indiatimes.com/Fashion-business-poised-for-dramatic-growth-FDCI/articleshow/17896739.cms|access-date=1 April 2012|newspaper=[[Times of India]]|date=2 August 2002}}</ref>


==References==
==References==

Latest revision as of 17:24, 11 June 2022

Lakmé
IndustryPersonal care and Beauty salon
Founded1952; 74 years ago (1952)
Founder(s)s
Headquarters
Area served
Key people
Pushkaraj Shenai (CEO, Lakmé Salon)
ProductsCosmetics, beauty products, and Salon services
Parent
Websitelakmeindia.com

Lakmé is an Indian cosmetics brand, owned by Hindustan Unilever. It was named after the French opera Lakmé, which itself is the French word for goddess Lakshmi who is renowned for her beauty. It was started in 1952 as a 100% subsidiary of Tata Oil Mills, famously after Prime Minister Jawaharlal Nehru was concerned that Indian women were spending precious foreign exchange on beauty products and persuaded JRD Tata to manufacture them in India.[1] Simone Tata joined the company as director and went on to become the chairperson.[2] In 1998, Tatas sold their stake in Lakmé to Hindustan Unilever[3] for 200 crore (US$48.46 million).[4]

Lakmé mainly sells coloured cosmetics products such as lipsticks, eyeliners and skincare cream. In December 2018, it launched its e-commerce platform.[5][6] As of 2021, Lakmé also runs 485 beauty salons under Lakmé Lever.[7] The company is the title sponsor for Lakme Fashion Week (LFW), a bi-annual fashion week which takes place in Mumbai.[8]

Lakmé has Shraddha Kapoor, Kajol Devgn, Kareena Kapoor, and Ananya Pandey as brand ambassadors.[9][10][11] In The Brand Trust Report 2012, Lakme was ranked 104th among India's most trusted brands and following year it was ranked 71st on the list. In 2014, Lakme was ranked 36th among India's most trusted brands according to the Brand Trust Report 2014.[12]

References[edit | edit source]

  1. "Make in India: 10 Indian brands at par with foreign brands". India Today. 20 February 2015. Retrieved 15 July 2015.
  2. "Simone Tata". The Sunday Indian. Retrieved 15 July 2015.
  3. "Strategic move: HUL transfers licence of Lakme, Ayush to arm". The Times of India. 7 January 2009. Retrieved 1 June 2022.
  4. Amarnath & Ghosh; Nischinta Amarnath; Debashish Ghosh (2005). The voyage to excellence: the ascent of 21 women leaders of India IncHello. Pustak Mahal. p. 214. ISBN 81-223-0904-6.
  5. Tandon, Suneera (3 July 2019). "HUL's Lakmé rides on innovations, new product launches to drive growth". mint. Retrieved 1 June 2022.
  6. Vijayraghavan, Kala; Malviya, Sagar. "Fearing a fall in salon footfalls, Lakme Lever may cut headcount". The Economic Times. Retrieved 1 June 2022.
  7. Malviya, Sagar. "Lakme Lever sales declined 19%, slipped into losses during FY20-21". The Economic Times. Retrieved 1 June 2022.
  8. "Fashion business poised for dramatic growth: FDCI". Times of India. 2 August 2002. Retrieved 1 April 2012.
  9. "India's biggest cosmetic brand signs Ananya Panday as their brand endorser". Mid Day.
  10. "Top Cosmetic Brands in India". top10companiesinindia.co.in. Retrieved 12 November 2015.
  11. "Top 10 Cosmetic Brands in India". mapsofindia.com. Retrieved 12 November 2015.
  12. "India's Most Trusted Brands 2014". Trust Research Advisory. Archived from the original on 2 May 2015.