L Oreal SA and Shiseido, two major cosmetics companies, highlight India s growing importance as a key growth driver in the beauty industry, driven by a large population and increasing affinity towards beauty products. L Oreal sees India as its fifth largest market in the professional products division, with significant untapped potential across the country.
L Oreal SA and Shiseido, two major cosmetics companies, highlight India s growing importance as a key growth driver in the beauty industry, driven by a large population and increasing affinity towards beauty products. L Oreal sees India as its fifth largest market in the professional products division, with significant untapped potential across the country.
14 RUE ROYALE, HISTORICAL ADDRESS OF L’ORÉAL GROUPE, BECOMES LE VISIONNAIRE – ESPACE FRANÇOIS DALLE 4,200 square meters dedicated to transmission and innovation, to ‘seize what’s.
L Oréal s Barbara Lavernos on Staying Ahead in Beauty Tech – WWD wwd.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from wwd.com Daily Mail and Mail on Sunday newspapers.
+5.4% based on reported figures
Significantly outperforming the market
Remarkable growth in Asia Pacific at +23.8 %
1, driven by mainland China at +37.9%
1
E-commerce growth at +47.2%
2
In spite of the health crisis and the ongoing associated measures in some countries, particularly in Western Europe, the beauty market continues to recover. Against this backdrop, L Oréal has started the year with very strong growth at +10.2% like-for-like
1 in the first quarter, significantly outperforming the market. The Group is therefore continuing its acceleration, initiated in the third quarter of 2020, and is increasing by +5.0% like-for-like compared to the first quarter of 2019.
The performance of the Professional Products, L Oréal Luxe and Active Cosmetics Divisions is remarkable, all showing double-digit growth. The Professional Products Division is posting significant growth all over the world. The growth of L Oréal Luxe is driven by the success of its skincare brands,