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Luxury growth at L’Oréal lags in Q1

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 In Q1 2024, L’Oréal Luxe brought in 3.81 billion euros, or just about $4 billion at current exchange rates. Image credit: L’Oréal

 

Beauty group L’Oréal’s Luxe portfolio is starting the year with a marginal growth stall.