L’Oréal Sales Growth Sluggish as China Weakness Persists
- North Asia region, which includes China, falls by 2.4%
- Dermatological, consumer units fall short of estimates
This article is for subscribers only.
L’Oréal SA reported sluggish sales growth in the second quarter as the world’s biggest maker of beauty products suffered from weakness in China.
Sales rose 5.3% on a like-for-like basis, L’Oréal SA said Tuesday, less than the 6% gain expected by analysts.