L’Oréal sales surge as mass-market beauty outgrows luxury
Global cosmetics giant L’Oréal has kicked off the first quarter with high-single-digit growth in sales as it “continued outperformance in a global beauty market that remained dynamic”.
The global cosmetics giant said it delivered growth across all divisions but had a “stellar performance” from the consumer products and dermatological beauty divisions as the mass-market beauty category outgrew the softer luxury segment.
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