L'Oreal Second-Largest Personal Care Company, Happi Magazine's List Shows

L’Oreal was ranked number 2 on Happi magazine’s 2014 International top 30 Household and Personal Products Companies. In 2013, the company reported sales increased 2.3 percent, with the New Markets posting a 3.3 sales growth to $11.6 billion, Western Europe sales rising by 1.1 percent to $10.2 billion, and North America by 2.8 percent to $7.3 billion. In the first quarter of 2014, the company reported sales dropped 2.2 percent to $7.8 percent; however, sales grew 3.5 percent on a like-for-like basis and 2.8 percent at constant exchange rates.