L'Oreal Q3 Sales Beat Forecasts as China Demand Picks Up
L'Oreal said sales in the third quarter beat forecasts, supported by demand for luxury perfumes, skincare and hair products, particularly in China and emerging markets.
By Dominique PattonFrench cosmetics group L'Oreal EURONEXT:OR beat third-quarter sales forecasts on Thursday, boosted by demand for luxury perfumes, skincare and hair products, particularly in China and emerging markets.The maker of CeraVe moisturiser and Prada perfumes said sales from July to Sept…