Tuesday, 16 November 2010

L'Oreal Press Release

Just found this on L'Oreals latest press release
PROFESSIONAL PRODUCTS

The Professional Products Division recorded 9-month sales growth of +4.5% like-for-like and +13.3% based on reported data, after taking into account the impact of currency fluctuations and of changes in consolidation due to the acquisition of distributors in the United States. The division is increasing its worldwide leadership through strong growth in technical products (colourants and texture) and the conversion of salons to its brands.


- The hair colourant category is continuing to expand strongly, with Inoa by L’Oréal Professionnel which is completing its global roll-out and achieving outstanding performances on all continents, and the new colourant SoColor Beauty by Matrix for salons offering more accessible products. In the texture category, X-Tenso Moisturist (long-lasting straightener) and the Dulcia Advanced permanent wave from L’Oréal Professionnel, together with Opti-Straight by Matrix, are accelerating sales in the New Markets.

- Despite the comparison base following the Inoa launch, Western Europe is maintaining its dynamism, and the division is winning market share in this zone. In North America, the division is being driven by the strong growth of L’Oréal Professionnel, thanks to Inoa, and the dynamism of Matrix and Mizani. The New Markets, particularly the BRIC and the Middle East countries, are growing strongly


http://www.loreal-finance.com/eng/news-release/sales-at-september-30-2010-724.htm

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