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L'Oreal said the 2.5% rise in fourth-quarter sales was a slowdown from the 3.4% rise in the third quarter, and the slowest quarterly growth since 2020

L'Oreal quarterly sales grow at slowest since Covid

French cosmetics group L'Oreal has reported the slowest quarterly rise in growth since the height of the pandemic, missing expectations, as Chinese demand stayed weak and growth in North America slowed.

Business • 07 Feb

Estee Lauder estimates a net reduction of 5,800 to 7,000 jobs by the end of fiscal 2026

Estee Lauder to cut up to 7,000 jobs

Estee Lauder has today expanded a restructuring plan under its new CEO that would now include up to 7,000 job cuts, while also forecasting third-quarter profit below estimates, blaming persistent demand weakness especially in Asia.

Business • 04 Feb

A record-breaking year for cosmetics company Sculpted by Aimee Connolly Cosmetics Ltd, as its revenues surged by €7.4m from €14.75m to €22.23m

Revenues at 'Sculpted by Aimee' jump 50% to €22.23m

Businesswoman Aimee Connolly oversaw a 50% increase in revenues in her "Sculpted by Aimee" cosmetics business to €22.23m last year.

Business • 24 Oct 24

AIB customers spent a total of €529,000 on cosmetics on one day alone - September 10 - as Debs season gets underway

Ploughing Championships and Debs season boosts spending

The latest AIB Spend Trend report shows that September saw three of the biggest selling days of the year for tourism and exhibits - September 16, 17 and 18 - as thousands attended the National Ploughing Championships at Ratheniska, Co Laois

Business • 11 Oct 24

L'Oreal's quarterly sales beat expectations

L'Oreal has reported a 9.4% rise in first quarter sales on a like-for-like basis, beating expectations and easing concerns about a slowdown in the two biggest beauty markets - the US and China.

Business • 19 Apr 24

Toiletries and cosmetics have seen above-average price increases in the past year - and in some cases that's on top of an already inflated cost

Pretty Price: The rising cost of toiletries & cosmetics

They may not get as much attention as food, drink and energy, but the cost of toiletries, hygiene products and cosmetics have also seen significant increases in the past year, writes Adam Maguire.

Business • 28 May 23

The challenges are flaring up as consumers continue snapping up higher-priced beauty products, including perfumes made with a stronger concentration of oils and more unusual raw ingredients

European cosmetics makers face supply crisis

European perfume and cosmetics makers face shortages of paper, glass, and some key oils and alcohols, as Russia's invasion of Ukraine adds further disruptions to the supply chains for beauty products, driving prices higher amid robust demand.

Business • 12 Apr 22

L'Oreal said its online revenues jumped 62% in 2020 as a whole

China, online drive rebound in L'Oreal sales

L'Oreal's shares rose this morning after the world's biggest cosmetics group reported higher than expected revenue growth for the fourth quarter.

Business • 12 Feb 21

Lady Gaga's new cosmetic range is due to launch on Amazon in September

Lady Gaga to launch beauty line on Amazon

Pop star Lady Gaga has announced a line of beauty products exclusively for sale on Amazon in a boost to the online retailer's cosmetics business.

Business • 10 Jul 19

China is L'Oreal's third biggest market after France and the US

L'Oreal makes €632m bid for Chinese company

L'Oreal, the world's largest cosmetics group, has offered to acquire Chinese skincare company Magic Holdings International for HK$6,538 million (€632 million).

Business • 16 Aug 13

Avon Products Inc is restructuring in some markets in an attempt to save $400m by 2016

Avon Cosmetics ceases trading in Ireland

Avon Cosmetics has announced that it has ceased trading in Ireland as part of a company-wide cost cutting initiative.

Business • 09 Apr 13

Cosmetics