By Bloomberg Published October 27, 2024 China’s growing consumer frugality has led to yet another quarter of sluggish earnings for some global brands, but turbocharged growth for their local rivals. …
By Bloomberg Published October 27, 2024 The wealth of France’s luxury and cosmetics titans swelled to unprecedented heights during the pandemic era, when consumers snapped up pricey handbags, gowns and …
By Reuters Published October 23, 2024 L’Oréal’s shares on Wednesday extended a deep sell-off after the cosmetics giant reported quarterly sales below expectations, citing reduced beauty products demand in China …
By Reuters Published Jul 30, 2024 French cosmetics giant L’Oreal reported a 5.3% rise in second-quarter sales, below expectations and likely further rattling investors already worried about the lack of …
By Reuters API Published Apr 18, 2024 L’Oreal reported a 9.4% rise in first quarter sales on a like-for-like basis on Thursday, beating expectations and easing concerns about a slowdown …
Translated by Cassidy STEPHENS Published Feb 12, 2024 L’Oréal continues to invest in the Chinese market. On the occasion of the presentation of its financial results for 2023, the global …
By Bloomberg Published Feb 9, 2024 Just over a year after China ended its Covid-Zero policy, the expected bounceback in spending on high-end consumer goods has failed to live up …
By Bloomberg Published Jan 10, 2024 L’Oreal SA remains confident on the potential of the Chinese market despite tensions over the level of ingredient disclosure the country is requesting from …
By AFP Published Nov 27, 2023 French cosmetics giant L’Oréal is maintaining “limited activity” in Russia, its managing director Nicolas Hieronimus told France Inter on Saturday, while many foreign companies …