L’Oreal E-Commerce Growth Approaches 50%: ‘We Are Now Clearly A Digital-First Company’
Executive Summary
E-commerce, Asia and travel retail continue to fuel gains at L’Oreal, which just posted its strongest first-half like-for-like growth in more than a decade. Skin care remains a key driver as well, offsetting a global slowdown in makeup that has hit the firm’s US business hardest, with little improvement expected this year.
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