Subtitles section Play video Print subtitles catwalk shows maybe a distant memory. But Loreal still had plenty to show off when it reported earnings. The world's biggest cosmetics group beat forecasts for revenue growth in the fourth quarter. Total sales for the period hit $9.5 billion. Consumers stuck at home are seemingly still splurging on feel good treats. Laurie ALS online sales surged 62% over 2020 reaching more than a quarter of all sales. The company thinks that trend is here to stay, with online heading towards half of all sales now, closed hair salons and luxury stores remain a concern. But the maker off long calm Maybelline and Garnier, among other brands, is looking forward to life after locked down that as pent up people rush out to socialize again, Chief Executive Jean Paul Agon predicts a fiesta for makeup and fragrances. He says strong sales in China, where many restrictions have been lifted off for a sneak preview off what is to come. Loreal sales there were up 27% over the course off last year.
B2 online quarter socialize fiesta laurie predicts L'Oreal sees online boom, eyes 'roaring 20s' 1 0 林宜悉 posted on 2021/02/12 More Share Save Report Video vocabulary