L’Oreal – Recurrent Victim Of Turkish Boycott

L’OREAL – RECURRENT VICTIM OF TURKISH BOYCOTT

PanARMENIAN.Net
20.10.2006 14:53 GMT+04:00

/PanARMENIAN.Net/ Having called for a boycott against French oil
company Total last week, the Turkish Consumers Union has declared
that next target is L’Oreal, the world’s largest cosmetics group, in
protest of the adoption of the Armenian Genocide bill by the French
parliament. Bulent Deniz, chairman of the Turkish Consumers Union,
announced on Thursday that they would put all the products of French
cosmetic giant L’Oreal on the boycott list next week.

Turkey’s main consumer group last week decided to publicize one French
company or brand every week and encourage Turks to boycott it until the
French bill is annulled. L’Oreal has been in the Turkish market since
1989 and has increased its sales throughout the country 45 percent
in the last five years. Last a boycott began for Total, a French gas
station, with a reported 30 percent drop in sales, reports zaman.com.