L’Oréal S&E
This article was originally published in The Rose Sheet
Executive Summary
Consumer products net sales grew 5.5% like-for-like or 6.4% on a reported basis to $7.48 bil. (€1=$1.25) for the first nine months of the year, French beauty company reports Oct. 12. In the U.S., the Fructis range made further market share gains, while Nutrisse made "great strides forward" and Maybelline brand sales were boosted by SuperStay lipstick and Dream Matte Mousse foundation, firm notes. Luxury cosmetics sales advanced 4.9% like-for-like or 6.5% on a reported basis to $3.37 bil., while professional product sales increased 3.4% like-for-like or 4% as reported to $2 bil. Net sales for the nine months were up 5.6% like-for-like and 8.3% on a reported basis to $14.57 bil...
You may also be interested in...
Vivalink Partners With Rett Syndrome Research Trust To Accelerate Research In Rare Disease
Vivalink will provide ECG wearable technology to monitor patients in RSRT’s Vibrant study, which is aimed at assessing autonomic dysfunction in children with Rett syndrome.
Cidara Offloads Rezzayo, Will Focus On Universal Flu Preventative
Cidara conferred global rights to its novel antifungal to marketing partner, Mundipharma, while reacquiring a flu prophylaxis it licensed to J&J in 2021 and gaining $240m in new funding to back development.
Pharma Can Pursue Claims Against Providers For 340B Duplicate Discounts In Medicaid Managed Care, HRSA Says
The statement, which is part of a final rule on the 340B administrative dispute resolution process, could facilitate manufacturer efforts to seek repayments from hospitals in such cases.