Name: L'Oreal sees online boom, eyes 'roaring 20s'
Uploaded: 2021-02-12T18:35:17.000Z
Duration: 1 min 22 s
Description: Thousands of YouTube videos with English-Chinese subtitles! Now you can learn to understand native speakers, expand your vocabulary, and improve your pronunciation...

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. 

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L'Oreal sees online boom, eyes 'roaring 20s'

stick

period

plenty

revenue