Brief: L'Oreal CEO: "Lipstick Effect" Observed, Cosmetics Buying To Compensate Stress

Loreal SA

22/04/2026 18:18

April 22 (Reuters) - L'Oreal OREP.PA Chief Executive Nicolas Hiernonimus:

CONSUMERS IN EUROPE DEMONSTRATE THE "LIPSTICK EFFECT", USING BEAUTY TO COMPENSATE FOR STRESSFUL TIMES

HAVE SEEN ABSOLUTELY NO CHANGE IN BEAUTY CONSUMPTION PATTERNS EVEN AS CONSUMERS FACE HIGHER FUEL COSTS

WILL LOOK AT RANGE OF OPTIONS TO PROTECT GROSS MARGIN WITHOUT PUTTING UP PRICES TOO MUCH

CONFLICT IN MIDDLE EAST HAD IMPACT ON BUSINESS IN MARCH, WILL IMPACT MORE IN SECOND QUARTER BUT OVERALL IS MANAGEABLE

CHINA IS BACK TO POSITIVE TERRITORY, DRIVEN BY SELECTIVE PREMIUM PRODUCTS

REBOUND OF STOCK MARKET IN CHINA HAS HELPED DISCRETIONARY SPENDING, CONSUMERS ALSO TRANSFERRING SPENDING FROM TRAVEL RETAIL

Chief Financial Officer Christophe Babule says:

IF OIL STAYS AT $90-100 PER BARREL, WE EXPECT ADDITIONAL COSTS OF 90-100 MILLION EUROS

Source text: [ID:]

Further company coverage: OREP.PA

 (Reporting by Inti Landauro)

 ((Inti.Landauro@thomsonreuters.com;))