LoReal clocks up sales of 13.5 per cent

LoReal reported an enormous sales growth  across their Loreal portfolio which includes Elvive and Revitalift which hit €9.6 billion(£7.5 billion) up from €7.6 billion  (£6.3 billion) a year prior, clocking up

 of 13.5 per cent in the first quarter despite the cost of living crisis.

Nicolas Hieronimus CEO said shopping patterns had been “unaffected by inflation” but further said the company was “mindful of volatility and uncertainty”.

“Against a backdrop of the invasion of Ukraine and strengthened sanitary measures in China, Loreal had a strong first quarter with strong growth in sales, at 143.5 per cdnt like-for-like +19.0% reported”.