Rebound in China sales for L鈥橭real
Print Edition
BEAUTY and cosmetics giant L’Oreal said its China sales rebounded from mild growth in previous years, registering double-digit growth in 2017 thanks to strong momentum in its luxury beauty brands.
Stephane Rinderknech, CEO of L’Oreal China, said in Shanghai yesterday that he welcomes more imported beauty brands into China as more players would give a wider choice to consumers.
Globally, the group’s like-for-like sales increase was 4.8 percent with a total income of 26.02 billion euros (US$31.8 billion).
L’Oreal has consolidated its leading position in the luxury beauty division thanks to its Lancome and YSL brands.
Despite its success, Rinderknech said L’Oreal intends to boost online-to-offline strategy to drive new retail initiatives, including renovating brand boutiques and opening flagship stores on e-commerce sites such as JD.com and Alibaba’s Tmall.
- About Us
- |
- Terms of Use
- |
-
RSS - |
- Privacy Policy
- |
- Contact Us
- |
- Shanghai Call Center: 962288
- |
- Tip-off hotline: 52920043
- 娌狪CP璇侊細娌狪CP澶05050403鍙-1
- |
- 浜掕仈缃戞柊闂讳俊鎭湇鍔¤鍙瘉锛31120180004
- |
- 缃戠粶瑙嗗惉璁稿彲璇侊細0909346
- |
- 骞挎挱鐢佃鑺傜洰鍒朵綔璁稿彲璇侊細娌瓧绗354鍙
- |
- 澧炲肩數淇′笟鍔＄粡钀ヨ鍙瘉锛氭勃B2-20120012
Copyright 漏 1999- Shanghai Daily. All rights reserved.Preferably viewed with Internet Explorer 8 or newer browsers.
