Derma Beauty & Consumer Products divisions boost L’Oréal Group sales
For the first six months of 2023, the French beauty multinational posted a net profit of €3.36bn, up by 4% year on year with growth from both volume and value sales.
News & Analysis on Cosmetics Innovation
For the first six months of 2023, the French beauty multinational posted a net profit of €3.36bn, up by 4% year on year with growth from both volume and value sales.
In response to the European Citizens' Initiative (ECI) ‘Save Cruelty-free Cosmetics’, the Commission has outlined a roadmap to help further reduce animal testing, but activists say it’s not good enough.
Despite a slowdown in growth for LVMH Group, the Perfumes & Cosmetics division was still up 13% thanks to a "highly selective and high-quality distribution policy"
Healthcare practitioners in Japan have limited knowledge about acne management and more needs to be done to demonstrate the impact of skin care to utilise it as a means of treatment and prevention.