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First-half sales soar at L’Oréal Luxe, increasing 7.6pc

Dermatological Beauty products led the pack as the group bumped up advertising efforts across the board by a basis point increase of 100. Image credit: L’Oréal For the period ended June 30, 2023, the company cashed in 20.57 billion euros overall, representing $22.68 billion at current exchange. Image credit: L’Oréal

 

As a number of luxury fashion brands battle a sales slump in North America, beauty group L'Oréal is beating H1 earnings expectations.