Phil Oh’s Best Street Style Photos From the New York Fashion Week Spring 2023 Shows
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L'Oreal CEO sees 2008 cosmetics sector growth slowing slightly vs 2007
PARIS (Thomson Financial) - L'Oreal CEO Jean-Paul Agon said the cosmetics sector's growth in 2008 will be slower than the 5 pct recorded last year, but not by much, with nearly two-thirds of the growth is coming from the developing middle class in countries such as Brazil, Russia, India, Mexico and China.
In an interview with the daily, Les Echos, he said L'Oreal's margin in these
countries has risen to 16.6 pct from 14.5 pct, and that it is 'very confident'
for the future as L'Oreal is earning as much from emerging countries as it is
from North America.
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Miranda Kerr talks crystals in skincare and how the KORA Organics Turmeric Glow Foaming Cleanser changed her beauty routine
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At Manila’s Rainbow Ball, Voguing Holds a Special Meaning
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