Please contact Sales at: (212) 520-2765 or email PharmaNewsSales@informa.com
Latest From L'Oreal SA
Driven by e-commerce and L’Oréal Luxe, which achieved historic market share, L'Oréal SA's results in China helped fuel 13.4% growth of its overall business in the second quarter to €9.3bn.
L’Oréal is the most valuable beauty brand globally, according to consultancy Brand Finance’s annual report from its methodology ranking 50 most valuable brands in cosmetics, skin care, hair care and personal care. Estee Lauder ranked second.
At CHPA conference, IRI's lead for health care market data, Kristin Hornberger, said as manufacturers increase product prices in response to rising costs and inflationary pressures, they also should work to make their products more valuable to consumers.
With US sales in stores up nearly 27% for 2021 through the third quarter, e-commerce sales “have not been slowed down,” says CEO Nicolas Hieronimus. Both channels strong as market conditions cater to in-store and online shoppers, he suggests.
- Other Names / Subsidiaries
- L'Oreal manufactures cosmetics