L’Oréal growth remains strong in China despite economic slowdown
Despite the economic slowdown in China, L’Oréal’s performance in the country continues to go from strength to strength as the product innovation pipeline is maintained.
News & Analysis on Cosmetics Innovation
Despite the economic slowdown in China, L’Oréal’s performance in the country continues to go from strength to strength as the product innovation pipeline is maintained.
New data from Mintel reveals that 2016 is tipped to be a big year for lip colours in the UK: the segment grew by 8% between 2014 and 2015, and is set to see sales rise by an estimated 12% this year.
This year the organiser has made the bold move to divide up packaging, ingredients and processing equipment with the finished goods side of the business.
South Korea consumer goods giant LG Household & Healthcare reported a strong second quarter results, which was boosted by huge growth in its luxury cosmetics division.