L’Oréal has reported its strongest sales growth in a decade, with Luxe and Active cosmetics surging significantly and e-commerce growing ‘spectacularly’, according to its CEO and chairman.
L’Oréal has reported an uptick in its ongoing growth for the third quarter, driven by strong sales in both its Luxe division and the Asia Pacific region.
International beauty giant L’Oréal has announced a change in the leadership of its Luxe division, with the appointment of a new deputy general manager.
The L’Oréal boss says he expects a positive second half of the year after Western Europe and North America continued their improvement and the company sees ‘significant growth’ in 2015.
On-line sales of cosmetics and toiletry products continue to grow,
and once again it will be the Christmas period that will provide
another major boost to this platform. The recent launch of two new
portals, including a dedicated...