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38
Fashion Jobs
AVEDA
Aveda - Account Manager - Brown Thomas, Cork - 22.5 Hours - Part Time, Permanent
Permanent · Dublin
CLINIQUE
Clinique - Consultant - Boots-Liffey Valley, Dublin - 37.5 Hours - Full Time, Permanent
Permanent · Dublin
MAJE
Store Manager - Brown Thomas Dundrum
Permanent · DUBLIN
SANDRO IRLANDE
Sales Assistant - 15 Hours - Kildare Mixte m/f
Permanent · NURNEY ROAD
RITUALS
Rituals Advisor
Permanent · Dublin 1
RITUALS
Rituals Advisor
Permanent · Dublin 1
RITUALS
Rituals Advisor
Permanent · Limerick
MAJE
Sales Assistant, Part-Time (12Hrs) - Galway
Fixed-term · KILDARE
MAJE
Sales Assistant, Part-Time (20Hrs) - Brown Thomas Dublin
Fixed-term · KILDARE
BA&SH
Sales Assistant f/m - Full -Time - Brown Thomas Dublin
Permanent · DUBLIN
RITUALS
Rituals Advisor
Permanent · Galway
RITUALS
Rituals Advisor
Permanent · Galway
RITUALS
Store Manager
Permanent · Limerick
L'OREAL GROUP
Dermatology Medical Representative - Acd - Ireland (Field) - 12 Month Ftc
Fixed-term · Dublin
RITUALS
Rituals Advisor
Permanent · Limerick
ELECTRA
Retail Manager
Permanent · DUBLIN
BOBBI BROWN
Bobbi Brown - Retail Artist - Brown Thomas, Dundrum - 15 Hours - Part Time, Permanent
Permanent · Dublin
ESTÉE LAUDER
Estée Lauder - Beauty Advisor - Brown Thomas, Limerick - 34 Hours - Full-Time, Permanent
Permanent · Limerick
ESTÉE LAUDER
Estée Lauder - Counter Manager - Boots, Dundrum - 37.5 Hours - Full Time, Permanent
Permanent · Dublin
RITUALS
Assistant Store Manager
Permanent · Newbridge
RITUALS
Rituals Advisor
Permanent · Dublin
RITUALS
Rituals Advisor
Permanent · Dublin
By
Reuters API
Published
Oct 30, 2018
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Strong Asian demand gives L'Oreal a sales bounce

By
Reuters API
Published
Oct 30, 2018

Maybelline parent L'Oreal posted a stronger than expected rise in third quarter sales on Tuesday, driven by booming demand for its luxury brands even as it struggled to revitalise sales in its largest mass market division.


Reuters


Like luxury goods makers, cosmetics companies like L’Oreal or Japan’s Shiseido have been hit by fears over a slowdown in China, which sparked a stock market sell-off. Shares in the French beauty group are down 15 percent since a peak in August.

But the company said on Tuesday that appetite for its mass-market brands like L’Oreal Paris and especially luxury labels like Lancome remained robust in Asia, with the pace of revenue growth in the region even accelerating from a quarter earlier.

“The group is growing rapidly in Asia, especially in China where the boom in luxury products continues,” CEO Jean-Paul Agon said in a statement.

A particularly strong performance in the luxury division, which also houses Yves Saint Laurent make-up and brands like Clarisonic, helped L’Oreal to beat expectations in the July to September period.

Overall revenues came in at 6.47 billion euros ($7.34 billion), up 6.2 percent from a year earlier and rising 7.5 percent on a like-for-like basis, which strips out currency swings and the effect of acquisitions.
Analysts polled by Inquiry Financial for Reuters had expected comparable sales to rise 5.79 percent.

Rivals more squarely focused on the luxury segment like U.S.-based Estee Lauder have also been performing well.

L’Oreal has been struggling, however, to counter more sluggish growth in its consumer products division, with sales coming in a little below forecasts and matching the lackluster 2.3 percent like-for-like growth of the second quarter.

The company said there were some improvements in western Europe during the third quarter in this division, which also comprises brands like Garnier shampoo, but said that the Brazilian market in particular was still tough.
 

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