According to published Q3 results in mid-October 2023, L’Oréal reported sales of €10 billion in the quarter to September 30, up by 4.5% in total and by 11% on a comparable basis and at constant exchange rates. While Europe and America drove sales, the Group, which has strengthened Chinese leadership, quoted a sluggish beauty market in China. In North Asia (a region gathering China, Hong Kong, Japan, Korea, that accounts for around 20% of sales), L’Oreal’s revenue dropped by 15% overall and by 4
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