Welcome Guest to Happi

Subscribe Free: Magazine | eNewsletter

current issue August 2014
 •  Personnel Changes at Energizer  •  Avon Launches Color Cosmetics  •  The Honest Co. Closes Financing Round  •  Oral-B Touts Made in USA Status  •  Walgreens Partners With NeoCell
Print

L’Oréal’s China Sales Increase 61%



Published November 14, 2005
Related Searches: products china sales growth
Post a comment
CHINA: Sales of L’Oréal products in China topped $106 million in 2002, a 61.3% increase from the previous year, company executives said.
L’Oréal’s Chinese mainland sales growth topped all of its subsidiaries globally, according to the company’s annual report. However, the company has not yet reached a decision to acquire domestic brands on the Chinese mainland, although negotiations began last year.
“We have no scheme on hand to purchase any local brands,” said Paolo Gasparrini, president, L’Oréal China Co. Ltd. “Rather, our priority goes to promoting our brands such as Lancôme and Maybelline.”



blog comments powered by Disqus