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L'Oréal Sees Continued Growth in 2010 Financials
Posted: February 11, 2011
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In Western Europe, sales are in line with the market trend. Its momentum is boosted by France, Germany, the United Kingdom and the Scandinavian countries. The good performances of the Yves Saint Laurent, Kiehl’s and Ralph Lauren brands are also worth noting.
The annual sales of the active cosmetics division grew by +4.7% like-for-like and +8.9% based on reported figures. All the brands and all the zones achieved growth. Across the world, the division confirmed its position as No. 1 in dermocosmetics.
La Roche-Posay achieved double-digit growth, thanks in particular to Redermic[+], and is winning market share across markets.The Body Shop ended the year with like-for-like growth at –1.1%. Retail sales are at -2.6%. The Body Shop had a year of contrasting performances, with trends differing between the developed countries and the new markets.