Breaking News

LOrals China Sales

November 14, 2005

Sales of L’Oréal products in the Chinese market reached $106.75 million in 2002, a 61.3% increase from the previous year, company executives said.
L’Oréal’s Chinese mainland sales growth topped all 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.”
  • It’s Magic!

    It’s Magic!

    Melissa Meisel, Associate Editor||March 20, 2017
    Argan oil-infused ‘Moroccan’ lip care brand jumps from WholeFoods into CVS.

  • On the Cutler Edge

    On the Cutler Edge

    Melissa Meisel, Associate Editor||March 13, 2017
    Top brand source at Redken forecasts up-to-the-minute hair trends.

  • Take The Hint

    Take The Hint

    Christine Esposito, Associate Editor||March 13, 2017
    Water brand forays into sun protection by capitalizing on scent and experience.

  • Supply-Side Innovations

    Supply-Side Innovations

    Tom Branna, Editorial Director||March 1, 2017
    Raw material suppliers roll up their sleeves and roll out their new products for the global cleaning industry.

  • New Faces in Familiar Places

    New Faces in Familiar Places

    Tom Branna, Editorial Director||March 1, 2017
    The American Cleaning Institute officially welcomed its new president.

  • Special Delivery

    Special Delivery

    Tom Branna, Editorial Director||March 1, 2017
    UV protection is important, but what good is that sunscreen if consumers won’t apply it?