The L’Oréal juggernaut continues. The world’s largest beauty company posted double-digit like-for-like growth for the third year in a row, surpassing €40 billion in sales for the first time in 2023. More from WWD Despite inflation and a highly disruptive year for China’s beauty ecosystem, L’Oréal reported volume sales growth – which was not the … Read more
The March economic statistics are generally regarded as one of the most important indicators of the trends of the economy throughout the year in China, because they not only directly reflect current conditions, but also indicate future trends to some extent. The 2024 government work report, released during the annual NPC and CPPCC sessions, set … Read more
Launch of the year Prestige: Prada beauty More from WWD Miuccia Prada is one of fashion’s most innovative thinkers, so it’s no surprise that when it came time to launch a beauty line with licensee L’Oréal, her goal was to shake things up. “What does beauty mean today?” was Prada’s starting point, the designer said … Read more