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L'Oréal Strong Out of the Gates for 2012
Posted: April 12, 2012
page 2 of 2
The Active Cosmetics division grew by 4.7% like-for-like and by 5.3% based on reported figures. The division's growth is clearly accelerating in North America and the new markets. In North America, the division's growth has been bolstered by the good results of SkinCeuticals and the extension of the distribution of Vichy and La Roche-Posay, which now includes American drugstores. Asia has started the year very well and Latin America has also grown strongly, driven by Vichy, La Roche-Posay and Innéov. Europe continues to reflect contrasting trends.
For the quarter, The Body Shop sales recorded like-for-like growth at 3.9%, with retail sales growing at 4.7%. It achieved strong growth in the new markets, particularly in the Middle East, and Southeast Asia. In mature markets performance was solid in the Nordics and North America. The brand continues to accelerate its growth in e-commerce, and now has 17 online stores. The brand also has started the global roll-out of its ground-breaking new Pulse boutique format, following successful trials of the concept in 2011.
Galderma's sales increased by 6.6%, like-for-like and +18.4% based on reported figures for Q1 2012. Epiduo (for acne), Restylane (a hyaluronic acid-based dermal filler) and Azzalure (a muscle relaxant for frown lines) all recorded strong growth. The Asia, Pacific zone showed strong growth led by outstanding performance in China. In Europe, solid growth in Germany was partially offset by the increase in sales of Loceryl generics in France. Growth in the United States was impacted by the anticipated entrance of Clobex shampoo and lotion generics, but Oracea (for rosacea) and Différine 0.3% (for acne) boasted excellent results.