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L'Oreal slows
Source: Shanghai Daily |
March 1, 2013, Friday
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Print Edition
Print Edition
L'OREAL, the world's largest cosmetics group, yesterday said its sales growth in China slowed from 18 percent a year ago to 12.5 percent in 2012 due to unfavorable macro-economic conditions. Total sales in China totaled 12.1 billion yuan (US$1.92 billion) last year, consolidating China's position as the third-largest market for the French company.
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