Business · Companies · 6 hrs ago
L’Oréal sales rise as luxury rivals lose momentum in China
L’Oréal reported 7.7% comparable sales growth in the third quarter, with revenue of €11.561 billion.
The French cosmetics group said demand for perfumes and skin and hair care helped drive growth, especially in China and emerging markets.
Sales in China grew at a double-digit rate, supporting L’Oréal’s luxury division.
By contrast, Hermès and Kering lost momentum as weaker Chinese demand and the war in the Middle East weighed on sales and tourism.
Hermès’s sales rose 4.3% to €4.1 billion, slower than in the previous quarter and below analysts’ expectations.
Kering’s sales fell 1%, while Gucci revenue dropped 6% amid weak demand in China and Japan.
L’Oréal expects to outperform the market this year, though at a slightly slower pace; no further outlook was given for Hermès or Kering.
L’Oréal reported third-quarter revenue of €11.56 billion, up 7.7% on a comparable, adjusted basis.
Demand for luxury perfumes and skin- and hair-care products helped drive growth, with China among the strongest markets.
L’Oréal said its luxury division grew 7% and its dermatological beauty division grew 13.9%.
Hermès and Kering reported weaker momentum, with their results affected by China’s market and, according to the article, the war in the Middle East.
L’Oréal chief executive Nicolas Hieronimus said the company expects to outperform the market this year, at a slightly more moderate pace.
- Who
- L’Oréal, the French cosmetics group, and its chief executive, Nicolas Hieronimus.
- What
- L’Oréal’s third-quarter revenue rose 7.7% on a comparable, adjusted basis to €11.56 billion.
- When
- The third quarter of 2026.
- Where
- China and other markets, including emerging markets, contributed to L’Oréal’s growth.
- Why
- Demand for perfumes and skin- and hair-care products supported sales; the articles particularly note strength in China.
This story does not have two clearly opposing sides.
L’Oréal recorded revenue of €11.56 billion, up 7.7% on a comparable, adjusted basis.
L’Oréal announced its results after the market close, according to cash.ch.
- L’Oréal third-quarter revenue
- €11.56 billion
- Comparable, adjusted revenue growth
- 7.7%
- Luxury division growth
- 7%
- Dermatological beauty division growth
- 13.9%
- Expansión publication date
- 22 October 2026
2 sources
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