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By Reuters Published March 31, 2025 French cosmetics giant L’Oreal is aiming for around 5% growth in China this year, its North Asia chief executive Vincent Boinay said on Monday, pointing to encouraging signs in the market at the start of the year. Reuters Speaking at a conference in Shanghai, Boinay added that the target […]
Read MoreBy Bloomberg Published Feb 9, 2024 Just over a year after China ended its Covid-Zero policy, the expected bounceback in spending on high-end consumer goods has failed to live up to expectations. See catwalkMiu Miu – Spring-Summer2024 – Womenswear – Paris – © Launchmetrics L’Oreal shares tumbled as much as 7.7% on Friday after the […]
Read MoreBy Reuters API Published Feb 9, 2024 Cosmetics group L’Oreal reported a 6.9% rise in fourth quarter sales, slower growth than in the previous quarter, as its travel retail business continued to feel the pinch from changes in regulations of daigou resellers. L’Oreal The Paris-based group, which owns labels ranging from Lancome to Maybelline, said […]
Read MoreTranslated by Cassidy STEPHENS Published Feb 8, 2024 Global beauty giant L’Oréal has appointed Richard Pinabel as global brand president of Armani beauty, succeeding Véronique Gautier who has held the position since 2010. Since January 2022, Pinabel has been the global deputy general manager of Lancôme, a brand which, like Armani beauty, is part of […]
Read MoreLancôme has announced the appointment of Nigerian-American actress, producer, and director Joy Sunday as a new global ambassador of the beauty brand. Joy Sunday – Lancôme With an array of performances in TV and films, including ‘Dear White People’, ‘Bad Hair’, ‘Shithouse’, and ‘The Beta Test’, Sunday most recently portrayed Bianca Barclay in the Netflix series ‘Wednesday’, directed by Tim […]
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