L’Oréal Q3 beats sales forecasts; thanks to substantial acceleration in North America

L’Oréal Q3 beats sales forecasts; thanks to substantial acceleration in North America

Cosmetics giant L’Oreal said the make-up market was booming as it posted stronger-than-expected sales growth in the third quarter, driven by a “substantial acceleration” in North America and market share gains. The global popularity of increasingly sophisticated cosmetics, driven by the influence of tutorials on Youtube and other celebrities, benefits the group. Sales of the […]

L’Oreal on Cautious mode on UK Pricing

L’Oreal on Cautious mode on UK Pricing

  L’Oreal, the world’s biggest cosmetics manufacturer is on toes on raising prices in the United Kingdom to compensate with the slump in the pound, CEO Jean-Paul Agon told in the wake of the dispute between the major MNCs Tesco and Unilever respectively. He added that they would be very cautious to respect both the […]