L’Oréal issues coronavirus update and expected impact on business

Published: 11-Feb-2020
Colour Cosmetics Finance

Chairman and CEO Jean-Paul Agon reveals that the company is 'fully supportive and united with our Chinese teams, and are carefully monitoring the situation'

You need to be a subscriber to read this article.
Click here to find out more.

The impact of the ongoing outbreak of novel coronavirus (2019-nCoV) is expected to affect L’Oréal's sales in China and its Asian travel retail business.

Expressing “deepest solidarity” with the

Not yet a Subscriber?

This is a small extract of the full article which is available ONLY to premium content subscribers. Click below to get premium content on Cosmetics Business.

Subscribe now Already a subscriber? Sign in here.
  • Companies:
  • L'Oreal
See more

You may also like

Finance

L’Oréal’s sales soar thanks to dermatological beauty​​ and mass make-up

Read more
The French beauty giant reported revenue of €11.24bn for the quarter, driven by increasing consumer demand for dermatological beauty and mass make-up

Trending Articles

  1. THG revenue growth boosted by beauty's 'standout performance' The increased revenues reported in Q1 builds on THG’s return to growth in the final quarter of 2023
  2. The Body Shop's downfall triggered by failing to secure credit The beauty company’s owner Aurelius Group failed to secure new funding, according to reports in The Telegraph
  3. Puig sets IPO target for close to €14 billion The Spanish beauty giant plans to sell Class B shares at €22 to €24.50 each, which would value the group between €12.7bn and €13.9bn
  4. You need to be a subscriber to read this article.
    Click here to find out more.
    Bobbi Brown on life after Estée Lauder, Jones Road and beating influencers at their own game How make-up mogul Bobbi Brown bounced back with Jones Road Beauty after selling her namesake brand – which came with a tricky 25-year non-compete – and why she is ‘clapping back’ at TikTokers
  5. Nivea helps push Beiersdorf sales to €4.9 billion in H1 Sun protection was pinpointed as a strong performance segment for the German giant's Nivea, Eucerin and Aquaphor brands

Upcoming event

China Beauty Expo

22-24 May | Shanghai, China See all

You may also like

Finance

L’Oréal’s sales soar thanks to dermatological beauty​​ and mass make-up

The French beauty giant reported revenue of €11.24bn for the quarter, driven by increasing consumer demand for dermatological beauty and mass make-up
Finance

L’Oréal USA promotes Silvia Galfo to President of Luxe Division

Galfo, previously Chief Growth Officer of the beauty group’s US subsidiary, will replace Megan Grant
You need to be a subscriber to read this article.
Click here to find out more.
Colour Cosmetics

The make-up trends Gen Z are searching for on Pinterest

Tom Spratt, Pinterest UK's Head of Beauty, on the make-up looks inspiring Gen Z and how brands can win them over with AI
You need to be a subscriber to read this article.
Click here to find out more.
Colour Cosmetics

Exclusive: YSL Beauty’s big play to dominate luxury make-up

YSL Beauty’s International GM Stephan Bezy reveals how the L’Oréal-licensed company is set to significantly increase its share in the luxury make-up market
You need to be a subscriber to read this article.
Click here to find out more.
Body Care

L’Oréal’s strategy to welcome Aēsop to the 'billionaire brand club'

Cyril Chapuy, President of L’Oréal’s Luxe Division, will grow the luxury body care brand’s retail presence in Asia to take it to the next level
Colour Cosmetics

YSL Beauty names Dua Lipa Global Make-up Ambassador

The ‘Dance the Night’ singer will be the face of the French cosmetics brand’s new YSL Loveshine collection
Finance

L’Oreal’s inclusive beauty business grant reopens for applications

The beauty giant’s Inclusive Beauty Fund is back, set to award 40 small beauty businesses in the US with financial support
Subscribe now