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L’Oréal banks on the ‘lipstick effect’ as anxious shoppers reach for affordable luxuries | Collector
L’Oréal banks on the ‘lipstick effect’ as anxious shoppers reach for affordable luxuries
Business Matters

L’Oréal banks on the ‘lipstick effect’ as anxious shoppers reach for affordable luxuries

The world's largest cosmetics group shrugs off the drag from the Iran war, posting forecast-beating first-quarter sales as European consumers treat themselves to small indulgences and China stirs back into life. Read more: L’Oréal banks on the ‘lipstick effect’ as anxious shoppers reach for affordable luxuries

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