how to buy bitcoin with credit card 2018 to buy bitcoin card bitcoin solo mining software windows download
is scrypt mining worth it click resources check this out

L’Oréal sales down 1% in first quarter 2018

L’Oréal chairman and ceo Jean-Paul Agon

French group L’Oréal saw a 1% decline in first-quarter sales to €6.78bn, hit by unfavorable currency effects.

On a like-for-like basis, sales rose 6.8%. The group said that like-for-like sales growth was driven by the Luxe divison, Active Cosmetics and new markets, particularly Asia Pacific.

Sales at L’Oréal Luxe rose 4.4% (+14% like-for-like) to €2.25bn  thanks its four key global brands: Lancôme, Yves Saint Laurent, Giorgio Armani and Kiehl’s, which all posted growth of more than 10%. Growth in the division was also driven by Asia, especially China and Hong Kong, and by travel retail.

The Active Cosmetics divison saw sales rise 9.1% (+10.2% like-for-like) to €658.4m.

Meanwhile, L’Oréal said the Consumer division began the year with moderate growth that is sharply contrasted between different regions, with sales down 4.9% (+2.6% like-for-like) to €3.07bn. China continues to report a strong performance for the division, while the US is seeing an improvement in sell-out and France remains difficult.

L’Oréal said the highlight of the quarter was new markets. Sales in new markets were up 4.4% (+14.9% like-for-like) to €2.92bn. Asia Pacific saw a 10% increase in sales (+21.1% like-for-like) to €1.84bn.

E-commerce sales in the quarter rose 33.8% and now account for 8.8% of sales.