86 100
Fashion Jobs
STAND OUT FOR GOOD
Brand Rep (Sales Associate)
Permanent · ANN ARBOR
JCPENNEY
Asset Protection SC Manager
Permanent · CEDAR HILL
JCPENNEY
Beauty Field Manager-Bay Area
Permanent · DALLAS
JCPENNEY
Asset Protection Manager-San Antonio, TX
Permanent · SAN ANTONIO
RALPH LAUREN
Associate Manager
Permanent · HERSHEY
A & F
Abercrombie & Fitch - Assistant Manager, International Market Place
Permanent · HONOLULU
A & F
Hollister CO. - Brand Representative, Galleria at Tyler
Permanent · RIVERSIDE
FOOT LOCKER
Director of Safety (Supply Chain)
Permanent · CAMP HILL
LEE
PT Keyholder, Estero, FL
Permanent · ESTERO
URBN
Free People: Merchandise Planning Manager
Permanent · PHILADELPHIA
URBN
Free People: Senior Merchandise Planner
Permanent · PHILADELPHIA
KOHLS
Operations Supervisor - Weekend Overnights
Permanent · EDGEWOOD
KOHLS
Full-Time Loss Prevention Officer
Permanent · SOUTH BURLINGTON
ADIDAS
Key Account Manager: Athletic Footwear
Permanent · PITTSBURGH
KOHLS
Full-Time Loss Prevention Supervisor
Permanent · GOSHEN
KOHLS
Full-Time Loss Prevention Supervisor
Permanent · NAPLES
KOHLS
Shift Leader/Operations Manager - Weekend Night Shift
Permanent · PATASKALA
AMERICAN EAGLE OUTFITTERS
Aerie - Merchandise Leader (Part-Time) - us
Permanent · POOLER
AMERICAN EAGLE OUTFITTERS
ae - Merchandise Leader (Part-Time) - us
Permanent · MURFREESBORO
AMERICAN EAGLE OUTFITTERS
Aerie - Merchandise Leader - us
Permanent · KAPOLEI
NAVY EXCHANGE
Buyer (Level i) - Beauty Care
Permanent · VIRGINIA BEACH
NAVY EXCHANGE
Buyer (Level i) - Pet
Permanent · VIRGINIA BEACH
By
Reuters
Translated by
Isabelle Crossley
Published
Jul 9, 2019
Download
Download the article
Print
Text size

L'Oréal’s Jean-Paul Agon: China’s beauty market still going strong

By
Reuters
Translated by
Isabelle Crossley
Published
Jul 9, 2019

The Chinese beauty market is still going strong according to L'Oréal’s Jean-Paul Agon, the CEO of the world’s number one cosmetics brand, according to an interview published in the Financial Times on Tuesday.


Photo taken May 24, 2019 - REUTERS/Loriene Perera


“We have doubled the size of our business in China over the past four years and the country’s beauty market still very dynamic, especially the luxury segment,” said Agon.

“I know that there are other sectors and other product categories that have seen a bit of a slowdown but honestly, we haven’t seen anything like that in our market,” Agon added.

The growth of China’s consumption is expected to slow down this year, following a drop in retail sales last year to the lowest level in the past 15 years.

Agon also told the Financial Times that 35 percent of the brand’s sales are made online in China compared to 15 percent in the UK and 4 percent in France, underlining the fact that development in the e-commerce and digital market benefits large businesses in the sector.

Asked about the possibility of discussions with Nestlé about its 23 percent stake in L'Oréal, Agon said: “They are happy with their involvement with L'Oréal and we are happy to count them as shareholders.”

© Thomson Reuters 2024 All rights reserved.