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L'Oreal Banking On “Major” Product Launches In 2012 Second Half

This article was originally published in The Rose Sheet

Executive Summary

L’Oreal will launch three major new fragrances that will help boost its cosmetics sales beyond the projected growth rate of the overall global cosmetics market this year, firm states in Aug. 29 earnings report. Net operating profit advanced 11.4% to $2.37 billion in first half.

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