So, Nicola, very welcome to this program.

We are absolutely thrilled to have you on.

Thank you.

I'm very happy to be with you too.

I've been following L'Oreal for, you know, very many years, as your colleagues can confirm.

I just think it's one of the most spectacularly incredible companies I've ever seen.

Thank you very much.

And we are just so thrilled to have you on.

And why are the French doing beauty so well?

Oh, well, I think it's, we have a long history with beauty, you know,

particularly in the courts of the French kings in Versailles or in the Louvre, there was a lot of

attention paid to beauty, to luxury, to craftsmanship. You know, very early on, Catherine de

Medici brought her perfumer in her luggage wherever she traveled. in Versailles I guess there was a lot of

fragrance was very important because I heard that was not always a pleasant smell so they

developed a pretty strong art in mastering fragrances and there was a lot of attention to the

aesthetics from the creation of wigs at louis the

13th and and all across the french history so it's it has become part of the french

ar de vivre as we say and and i guess we like it and we are good at it but we are not the only ones

and in reality if i look at at l'reale l'Reale is indeed a French company, but it's a very

international company. We are global. We have, I think, 170 different nationalities. Our executive

committee is multi-national. So in the end, it's a French Savoerfaire, a French know-how, but we are very eager to share

this with and share this passion with other nationalities and bring it to other countries.

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