Brief: L’Oreal CEO: Fragrance Market Mid-Single Digits, We Near Double Digits
BRIEF-L’Oreal CEO: Fragrance Market Mid-Single Digits, We Near Double Digits Oct 22 (Reuters) - L'Oreal SA OREP.PA:
L'OREAL CEO - CHINA MARKET SLOWED A 'TINY BIT' IN Q3 BUT WE MAINTAINED OUR GROWTH RATE, FAVOURED BY DYNAMIC PREMIUM SEGMENT
CEO - FRAGRANCES MARKET IS GROWING MID SINGLE DIGITS, WE ARE GROWING CLOSE TO DOUBLE DIGITS
FRAGRANCE MARKET SLOWED A LITTLE IN SUMMER DUE TO HEAT
L'OREAL CEO- PREMIUM SKINCARE ACCELERATION IS MAINLY A CHINA PHENOMENON
L'OREAL CEO - RISE OF GLP1 USE IS HAVING IMPACT ON BEAUTY PRODUCT CONSUMPTION
L'OREAL CEO - OUR PRODUCTS MORE AFFORDABLE THAN HIGHER PRICED LUXURY AND CHINESE CONSUMERS ARE INDULGING IN THEM
L'OREAL CEO - WE HAVE BECOME NUMBER ONE HAIRCARE GROUP IN WORLD FROM NO 3 THREE YEARS AGO
Source text: [ID:]
Further company coverage: OREP.PA
(Reporting by Dominique Patton, Editing by Charlotte Van Campenhout)
((Charlotte.VanCampenhout@thomsonreuters.com;))
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