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Fashion Jobs
L'OREAL GROUP
Salon Business Partner (Saloncentric) - Temecula, ca
Permanent · Temecula
L'OREAL GROUP
Manager, CRM & Digital Platforms
Permanent · New York
SALLY BEAUTY CORPORATE
Field Sales Manager - Cosmoprof
Permanent · Minneapolis
SALLY BEAUTY CORPORATE
Field Sales Manager - Cosmoprof
Permanent · Kansas City
TAPESTRY
Associate Manager, Site Merchandising Lifestyle
Permanent · New York
TAPESTRY
Manager, Materials Development & Sourcing
Permanent · New York
JOCKEY
Area Manager - Pacific Northwest
Permanent · Woodburn
MICHAEL KORS RETAIL INC
Part Time Sales Supervisor, Crabtree Valley Mall, Raleigh, nc
Permanent · Raleigh
MICHAEL KORS RETAIL INC
Full-Time Sales Supervisor Streets at Southpoint Mall; Durham, nc
Permanent · Durham
BANANA REPUBLIC
General Manager- Outlets of Maui
Permanent · Lahaina
BANANA REPUBLIC
General Manager- Colorado Mills
Permanent · Lakewood
NORDSTROM INC
2nd Shift Wrap Area Manager Warehouse - West Coast Omni Center, Riverside, ca
Permanent · Riverside
NORDSTROM
Asset Protection - Security Ambassador - Riverwalk Outlets Rack
Permanent · New Orleans
NORDSTROM
Asset Protection - Security Ambassador - Mission Valley Rack
Permanent · San Diego
NORDSTROM INC
Business Analyst -Inventory Integrity And Quality-Wcoc-Riverside, ca
Permanent · Riverside
OLD NAVY
Assistant General Manager, Merchandise - Regency Square
Permanent · Brandon
OLD NAVY
Asset Protection Agent - Warwick Mall
Permanent · Warwick
ADIDAS
Senior Manager Global Procurement
Permanent · Portland
ADIDAS
Senior Product Owner - Digital Observability
Permanent · Portland
ADIDAS
Manager Ctc Global Merchandising
Permanent · Carlsbad
ABERCROMBIE AND FITCH CO.
Financial Analyst, Inventory Control
Permanent · Columbus
ABERCROMBIE AND FITCH CO.
Enterprise Business Solutions Analyst
Permanent · Columbus
By
Reuters
Published
Feb 11, 2013
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L'Oréal to buy back shares after sales rise

By
Reuters
Published
Feb 11, 2013

The world's biggest cosmetics group spent about 500 million euros last year on buying back shares after a break since 2008, signalling it was not looking to empty its coffers on a large acquisition. L'Oreal's net cash at the end of 2012 stood at 1.575 billion euros, up from 504 million euros last year, after dividend payments and settling the acquisitions of Urban Decay make-up and Cadum soap.

The Paris-based maker of Lancome creams and Garnier shampoo said turnover in the three months to Dec. 31 reached 5.7 billion euros ($7.63 billion), up 5.3 percent on a like-for-like basis, helped by strong demand in North America and solid growth in the Asia-Pacific region. The French group did not give a specific forecast but said it aimed to outperform the market and increase sales and profits further this year.

L'Oreal's performance marked a small rebound against the previous quarter during which like-for-like sales rose 4.6 percent and compared with revenue growth of 5.7 percent in the second quarter and 6.4 percent in the first.

However, the results pointed to a continued slowdown at its luxury arm which makes Kiehl's and Biotherm creams.

The luxury unit saw revenue growth slow to 6.2 percent in the fourth quarter from 6.6 percent in the third quarter, 8.7 percent in the second and 12.2 percent in the first quarter.

L'Oreal's results come after US rival Estee Lauder raised its full-year profit forecast last week on the back of expectations that strong demand in the United States and China would help make up for weaker markets in Southern Europe and South Korea.

Total comparable sales at the U.S. group, whose brands include Clinique and Mac, rose 7 percent in the fourth quarter.

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