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L’Oreal ‘Surfing’ Makeup Wave To Projected Strong Finish For FY 2016

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Executive Summary

Acquired brands NYX and Urban Decay are leading growth in L’Oreal’s makeup business, up 15% for the year to date. Strong demand for color cosmetics in the mass and luxury channels drove the firm’s Q3 sales, surpassing analyst expectations, if not L’Oreal’s.


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