A woman watches skin care products at L'Oreal Both during the seventh international import exhibition (CIIE) at the National Conference and Conference Center (Shanghai) on November 5, 2024 in Shanghai, China.
China News Service China News Service Gety pictures
French cosmetics giant L'Oréal On Thursday, it was reported on Thursday sales than expected in the fourth quarter, amid weakness in the Chinese cosmetic market and a slowdown in demand in the United States
The world's largest cosmetic brand recorded 11.08 billion euros ($ 11.49 billion) in the three months to December, an increase of 2.5 % on a similar basis against shyness of 11.1 billion euros estimated by analysts in the LSEG poll.
The whole year sales amounted to 43.48 billion euros, compared to 43.33 billion euros.
The company, which includes its trademarks, Lancom, Mapelin and Chel, struggles with the weakest demand for consumers during the last quarters, especially in the main Chinese market-the trend that also suffers from high-end luxury companies.
This is an urgent news story and will be updated soon.
