Fears That China Boost for L Oréal s Beauty Label Sales May Not Last businessoffashion.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from businessoffashion.com Daily Mail and Mail on Sunday newspapers.
L Oreal s stable of
skincare and cosmetics labels, including L Oreal Paris,
SkinCeuticals and CeraVe, will likely give a solid lift to the
company s quarterly sales with purchases expected to.
L'Oreal's stable of skincare and cosmetics labels, including L'Oreal Paris, SkinCeuticals and CeraVe, will likely give a solid lift to the company's quarterly sales with purchases expected to have accelerated in China. The French company reports third quarter results on Thursday, with overall sales seen up 11.5% from a year earlier on an organic basis, according to a consensus cited by Barclays, and sales in North Asia, mostly accounted for by mainland China, up 14.4%. But investors will be looking for any sign that Chinese shoppers are turning to less expensive or local products.