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L’Oréal's Strong Sales Help Grab First Place On Top 20 Global Beauty Companies List

November 6, 2013: 12:00 AM EST
L’Oréal reported sales grew 10.4 percent to almost $30 billion in 2012, which made it the number 1 company on the Beauty Packaging Magazine’s Top 20 Global Beauty Companies list. The company’s cosmetics division accounted for $27.5 billion of L’Oréal’s total sales. Retail unit The Body Shop contributed about $1.1 billion, with the Dermatology unit accounting for approximately $1 billion more. In contrast, the global cosmetics market grew 4.6 percent during the same period. In North America, the cosmetics company grew twice as fast the overall market, while corporate sales in New Markets increased 9.2 percent, which makes it the top zone for the first time. In New Markets, Asia-Pacific accounted for 20.6 percent of cosmetics sales; Latin America, 8.8 percent; Eastern Europe, 6.8 percent, and Africa and Middle East; 3.3 percent.
"Top 20 Global Beauty Companies: 1. L’Oréal", Beauty Packaging, November 06, 2013, © Rodman Media
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