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Things Are Looking Up at L’Oréal

Sales for 2010 jump 12%.

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By: TOM BRANNA

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Annual sales for 2010 rose 12% to $26.6 billion for the international cosmetics giant L’Oréal, second in Happi’s International Top 30. Jean-Paul Agon, chief executive officer of L’Oréal, commented, “In the context of an upturn in the cosmetics market, L’Oréal achieved strong sales growth. The group advanced in all zones, all channels and all business segments; more dynamic than the market, it bolstered its position as the world number one in beauty. 2010 was a year of conquests...

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