We use our own and third-party cookies to optimize your experience on this site, including to maintain user sessions. Without these cookies our site will not function well. If you continue browsing our site we take that to mean that you understand and accept how we use the cookies. If you wish to decline our cookies we will redirect you to Google.
Already have an account? Sign in.

 Remember Me | Forgot Your Password?

L’Oréal Posts Strong Growth In China; Continues Domination Of Market

October 8, 2013: 12:00 AM EST
L’Oréal’s sales in China grew 12.4 percent year on year to RMB12.05 billion in 2012, according to market research firm ResearchMoz. Data also revealed rivals Olay and Mary Kay combined accounted for 12.45 percent of the cosmetics industry’s retail sales. Local brand Shanghai Jahwa, with its popular product lines Liushen, Herborist and Maxam, is competing quite capably with its bigger international rivals for share of China’s beauty market. Overall, retail sales grew 21.5 percent YoY to RMB134.01 billion, with skin care sales growing 9.9 percent to RMB80.48 billion, making it the market’s largest segment.
Michelle Yeomans, "L’Oreal still dominating China with 12.4% growth", Cosmetics Design, October 08, 2013, © William Reed Business Media SAS
Domains
BEAUTY BUSINESS
Brands
Market News
Operations
Geographies
Worldwide
Asia-Pacific
China
Categories
Companies, Organizations
Market News
Developed by Yuri Ingultsov Software Lab.