×
323
Fashion Jobs
ADIDAS
sr. Specialist - Finance Operations Data Management
Permanent · CHENNAI
ADIDAS
Senior Specialist - Finance Operations Data Management
Permanent · CHENNAI
ADIDAS
Senior Specialist - Finance Operations D2C
Permanent · CHENNAI
ADIDAS
Manager, Digital Platform Operations, Apac
Permanent · GURUGRAM
ADIDAS
Senior Specialist - Finance Operations Data Management
Permanent · CHENNAI
MAHLE
Asst. Manager- Production
Permanent · Greater Noida
POLYCAB
Area Sales Manager - Switches & Switchgear - Ahmedabad
Permanent · Ahmedabad
MEDCIS PATHLABS INDIA PVT LTD
Medcis Path Labs is Hiring For Pathology Area Sales Manager-Chennai
Permanent · Chennai
TIME TECHNOPLAST
Area Sales Manager
Permanent · Andheri
LIFE TURN MANAGEMENT CONSULTANT
sr. Manager Production - Sricity, Tada - Mnc Company - Engineering Ind
Permanent · Tada
MCKENZIE
Hiring For Retail Store Merchandiser / Manager
Permanent · Chennai
V2B GLOBAL CONSULTANTS
sr Technician Apparel -Buying Office
Permanent · Gurugram
MANPOWERGROUP SERVICES INDIA
Opening || Horeca Sales Manager || Kolkata
Permanent · Kolkata
ADIDAS
Senior Product Owner - Machine Learning & ai
Permanent · GURUGRAM
ADIDAS
Senior Technology Consultant - Omnichannel
Permanent · GURUGRAM
PUMA
Manager- Warehouse (B2C)
Permanent · Bengaluru
HARMAN FINOCHEM
sr. Manager- Api Production For Srp With Leading Pharma @ Aubad
Permanent · Aurangabad
PNB HOUSING
Area Sales Manager
Permanent · Thane
PNB HOUSING
Area Sales Manager
Permanent · Pune
JM FINANCIAL HOME LOANS LTD
Area Sales Manager - Home Loans
Permanent · Chennai
DANIEL WELLINGTON
IT Support Specialist
Permanent · MUMBAI
DBS BANK
Hiring For Area Sales Manager - Gold Loan
Permanent · Karaikal
By
Reuters
Published
Apr 15, 2021
Share
Download
Download the article
Print
Click here to print
Text size
aA+ aA-

L'Oreal beauty sales recovery accelerates, helped by China

By
Reuters
Published
Apr 15, 2021

Lancome maker L'Oreal on Thursday posted a further pickup in sales in the first quarter, helped by strong growth in China and online demand for beauty products.


Photo: Lancome



The French group had begun to recover already from the worst of the COVID-19 pandemic's hit to revenue, as retailers re-opened in much of Asia and shoppers turned increasingly to e-commerce for their face creams and hair dyes.

L'Oreal said sales reached 7.6 billion euros ($9.1 billion)in the three months to March, up 10.2% like-for-like, which strips out the effect of acquisitions and currency changes.

That beat the 8.7% consensus forecast cited by analysts at Jefferies, though the range of expectations varied widely.

Western Europe underperformed other regions, with non-essential shops and beauty chains still closed in countries such as France and Italy to tackle the pandemic.

The company's consumer products division, which sells brands like Maybelline, also lagged other units, which L'Oreal said was due to its high exposure to make-up, where demand is sluggish compared with other products like skincare.

L'Oreal Chief Executive Jean-Paul Agon said in a statement the company was in "fighting spirit mode" and investing in new product launches, adding the group was confident it could grow sales and profits in 2021.

© Thomson Reuters 2023 All rights reserved.