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L’Oréal Reports Double-Digit Sales Gain As Skin Care Sales Soar

Salon hair care, mass market cosmetics, and prestige beauty and skin care segments all notch gains.

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By: TOM BRANNA

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Driven by gains in all categories and channels, L'Oréal's 2021 sales rose 15.3% to $36.8 billion. By division, professional product sales rose 22.2%; consumer products increased 4.5%; L'Oréal Luxe jumped 21.9% and Active Cosmetics soared 30.3%. “L’Oréal Luxe became the group’s largest division, with remarkable success in fragrances, while the consumer products division, the largest division by volume, strengthened its position, with noteworthy performance in makeup,&#8221...

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