News & Analysis on Cosmetics Innovation
L’Oréal saw revenue rise by 9% in the fourth quarter thanks to a weaker euro combined with big sales in its luxury division, while the North America results were also impressive.
Unilever has reached its latest zero non-hazardous waste to landfill achievement, announcing that over 600 Unilever sites in 70 countries have now reached this milestone, and that it will embark on a new collaboration to encourage others to follow suit.
New launches, strong local demand and continued tourist traffic in Europe, the Middle East and Africa have continued to boost Estée Lauder’s results for the second quarter running maintaining the region’s key position for the company at a challenging time.
Luxury goods multinational LVMH has seen its travel retail business, DFS Group, maintained growth in the last year, despite having to absorb ‘significant cost containment’, due to a turbulent market in Asia.