L’Oréal hails upswing in US and China as beauty market recovers
French group highlights improvement in its two key markets after a lean period of growth
French group highlights improvement in its two key markets after a lean period of growth

Cosmetics group’s chief also credits recovery in Chinese market as revenues in Europe and north Asia grow

Luxury market leader reports improving trends in third quarter after a tough couple of years for the industry

Shoppers in the industry’s biggest two markets opt for domestic alternatives to long-dominant old guard

Sale represents first big restructuring move by chief executive Luca de Meo

LVMH’s third-quarter sales provided evidence of a turnaround in the sector’s fortunes

Deal includes rights to develop products under Gucci, Bottega Veneta and Balenciaga labels