L'Oreal Works To Boost Skin-Care Sales, With Makeup Already Soaring

Skin-care growth, at 2%, lagged behind fragrance and the big winner, makeup, in L'Oreal's fiscal 2015 results. However, the firm's Consumer Products Division in particular is making moves to accelerate skin-care gains in the new year, building on momentum from products including Garnier Micellar Cleansing Water and planning to up the "naturalness" of its Garnier platform overall, among other initiatives.

L'Oreal SA is seeing strong returns on its makeup investments, but gains have come somewhat at the expense of skin-care growth, which the firm aims to spur in fiscal 2016, particularly within its Consumer Products Division.

In a Feb. 12 call discussing fiscal 2015 results, L'Oreal's leadership reported 2% growth in skin care for the year,...

Read the full article – start your free trial today!

Join thousands of industry professionals who rely on HBW Insight for daily insights

  • Start your 7-day free trial
  • Explore trusted news, analysis, and insights
  • Access comprehensive global coverage
  • Enjoy instant access – no credit card required

More from Archive

More from HBW Insight

People On The Move: Appointments At Pharma Deutschland, AMA, FSA

 
• By 

A round-up of the latest people moves: Pharma Deutschland names head of new OTC Market division; the African Medicines Agency appoints director general; the UK's Food Standards Agency adds members to novel foods committee.

Haleon Study: Self-Care Policies Could Save Finland €60m Per Year

 
• By 

Creating a working group to drive Rx-to-OTC switch is one of the ways in which Finland could expand self-care and save €60m per year for the country's health system, suggests a recently published report commissioned by Haleon.

Moberg Nail Fungus Line Takes Lead In Norway As Firm Plots EU Expansion

 
• By 

Terclara - Moberg’s proprietary topical formulation of terbinafine for fungal nail - has established itself as the market leader in Norway just months after its OTC launch. The firm is now plotting its expansion to additional EU markets.