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L’Oreal ‘Surfing’ Makeup Wave To Projected Strong Finish For FY 2016

This article was originally published in The Rose Sheet

Executive Summary

Acquired brands NYX and Urban Decay are leading growth in L’Oreal’s makeup business, up 15% for the year to date. Strong demand for color cosmetics in the mass and luxury channels drove the firm’s Q3 sales, surpassing analyst expectations, if not L’Oreal’s.

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