L'Oréal becomes number one in luxury cosmetics and dethrones Estée Lauder. The French group's sales in the most prestigious segment of the market increased by 4.5% last year, the bar approaching 15 billion euros.
Enough to surpass the Estee Lauder group, in a difficult situation for several quarters, whose sales reached 15.9 billion dollars in its financial year ended at the end of June. “It’s been 13 years… This article is reserved for subscribers. You have 83% left to discover. Flash sale -70% on digital subscription I ENJOY IT Already subscribed? Log in.