L’Oreal ‘Surfing’ Makeup Wave To Projected Strong Finish For FY 2016
This article was originally published in The Rose Sheet
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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