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L’Oréal’s Sales Rise 10% in First Half

Strong organic growth in all categories, says CEO Agon.

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By: TOM BRANNA

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L’Oréal’s Group sales for the first half of 2010 were $12.2 billion, an increase of 10.2%, the company announced today in Paris. “The strong organic growth of our four divisions, all geographic zones and all categories, is bearing out our major strategic choices—concentrating on high value-added innovations at accessible prices, opening up new product categories, accelerating international expansion and determined investment in advertising & promotion and in R&D,” said Jean-Paul Ag...

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