L’Oreal upbeat on China despite market’s softer rebound
By Mimosa Spencer PARIS (Reuters) – Second-quarter sales at French cosmetics giant L’Oreal slightly beat expectations, as a rebound in China helped offset slower growth in the United States where the rising…
L’Oréal suspends advertising spending on Twitter -FT
(Reuters) – Cosmetics maker L’Oréal SA has suspended advertising spending on Twitter, the Financial Times reported on Wednesday, citing sources familiar with the matter. The social media platform was acquired by billionaire…
L’Oreal to face lawsuit over wrinkle-smoothing collagen claims
By Jonathan Stempel NEW YORK (Reuters) – L’Oreal SA on Tuesday failed to persuade a U.S. judge in Manhattan to dismiss a proposed class action lawsuit accusing the company of defrauding shoppers…
L’Oreal may continue to raise prices in a targeted manner, CEO says
By Mimosa Spencer PARIS – L’Oreal may continue to raise prices in the second half of the year to offset rising production costs, but would do so in a very targeted manner,…
L’Oreal CEO remains confident on outlook for beauty industry
DUBLIN – L’Oreal chief executive Nicolas Hieronimus said he remained confident about the outlook for the beauty industry with consumers continuing to want to indulge despite the global economy becoming “even more…
L’Oreal CEO says no inflation impact so far on beauty product consumption
DAVOS, Switzerland – French cosmetics group L’Oreal is not so far seeing any impact from inflation on purchases of beauty products, its chief executive told Reuters on Tuesday. “So far we see…
U.S., Chinese beauty appetite fuel L’Oreal forecast-beating Q4 sales
PARIS -Holiday spending in the U.S. and China helped L’Oreal beat growth expectations over the crucial end-of-year period as consumers splurged on beauty products. Fuelled by North America – the fastest-growing region…
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