THE WHAT? L’Oreal reported an increase in third-quarter sales, particularly in Europe and the United States, but experienced a decline in North Asia with sales down by 4.8%.
THE DETAILS The decrease in sales in North Asia was attributed to the Chinese government’s tighter control over daigou resellers, affecting the travel retail business. Despite this, the company expects the impact on margins to be small and manageable, with inventory reductions projected to continue until the end of the year. Sales in mainland China grew by 7.7% over the first nine months, with L’Oreal gaining market share.
THE WHY? L’Oreal’s performance in China is crucial for investors, given the country’s challenging economic conditions post-pandemic. The company remains committed to expanding in China, aiming to increase its presence in lower-tier cities. Meanwhile, L’Oreal’s sales in Europe and North America exceeded expectations, while the global growth of its luxury division slowed down.
Buy aesthetic products refers to the act of purchasing items that are specifically designed for enhancing or maintaining beauty, often related to skincare, cosmetics, or procedures in the field of aesthetics. These products can include a wide range of items intended to improve the appearance and health of the skin, hair, and body. Here are some examples of aesthetic products that individuals might purchase:
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Skincare Products: Including cleansers, moisturizers, serums, and treatments targeting specific skin concerns such as acne, aging, hyperpigmentation, and sensitivity.
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Cosmetics: Makeup products such as foundations, concealers, eyeliners, lipsticks, and eyeshadows designed to enhance facial features and achieve desired looks.
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Hair Care Products: Shampoos, conditioners, styling products, and treatments to maintain and improve the health and appearance of hair.
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Dermatological Treatments: Prescription or over-the-counter treatments for medical conditions like acne, eczema, psoriasis, or rosacea.
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Aesthetic Devices: Equipment used for professional treatments including laser devices, microneedling pens, radiofrequency devices, and IPL (Intense Pulsed Light) machines.
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Injectable Aesthetics: Products such as dermal fillers and botulinum toxin (Botox) used to enhance facial contours, reduce wrinkles, and achieve smoother skin.
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Nutritional Supplements: Supplements aimed at promoting skin health, hair growth, and overall well-being, often containing vitamins, minerals, and antioxidants.
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Home Use Beauty Devices: Devices like facial cleansing brushes, LED light therapy masks, and microcurrent devices designed for at-home skincare treatments.
