L’Oréal Upbeat on China Despite Market’s Softer Rebound
Second-quarter sales at French cosmetics giant L’Oréal slightly beat expectations, as a rebound in China helped offset slower growth in the United States, where the rising cost of living is prompting shoppers to tighten their purse strings.
Second-quarter sales at French cosmetics giant L’Oréal slightly beat expectations, as a rebound in China helped offset slower growth in the United States, where the rising cost of living is prompting shoppers to tighten their purse strings.
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