L’Oréal invests in Chinese fragrance brand To Summer

[ad_1] Translated by Cassidy STEPHENS Published Feb 12, 2024 L’Oréal continues to invest in the Chinese market. On the occasion of the presentation of its financial results for 2023, the global beauty giant announced that it had made a minority investment in the high-end Chinese perfume house To Summer. Parfum To Summer – DR The […]

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China’s tepid rebound has left luxury shops relying on US demand

[ad_1] By 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 […]

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L’Oreal confident on China despite tensions over trade secrets

[ad_1] By Bloomberg Published Jan 10, 2024 L’Oreal SA remains confident on the potential of the Chinese market despite tensions over the level of ingredient disclosure the country is requesting from cosmetics makers. L’Oreal China “will remain a very important source of growth for L’Oreal and the beauty market because middle classes are going to […]

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