L'Oreal net gets new-markets lift
Article Abstract:
Full-year net profit for French cosmetics firm L'Oreal S.A. rose 29% to reach 2.7 bil euro, while sales increased 8.1% to reach 17.1 bil euro. Sales growth is expected to be from 6% to 8%, driven by markets such as China, Mexico, and Russia. L'Oreal is also buying YSL Beaute for 1.2 bil euro.
Publisher: Dow Jones Publishing Co. (Europe)
Publication Name: Wall Street Journal. Europe
Subject: Business, international
ISSN: 0921-9986
Year: 2008
Sales, profits & dividends, Forecasts, trends, outlooks, Toilet preparations, France, Company sales and earnings, Cosmetics industry, Company earnings/profit, Company business forecast/projection, Company forecasts, L'Oreal Paris, Financial report, YSL Beaute
Publication Name: Wall Street Journal. Europe
Subject: Business, international
ISSN: 0921-9986
Year: 2008
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Luxottica's Oakley deal indicates drive for sporty
Article Abstract:
Italy's Luxottica Group S.p.A. has bought American sunglasses maker Oakley Inc. for $2.1 bil, emphasizing the importance of sports accessories and brands in the luxury and fashion markets.
Publisher: Dow Jones Publishing Co. (Europe)
Publication Name: Wall Street Journal. Europe
Subject: Business, international
ISSN: 0921-9986
Year: 2007
Ophthalmic goods, Italy, United States, Eyewear industry, Luxottica S.p.A., Oakley Inc.
Publication Name: Wall Street Journal. Europe
Subject: Business, international
ISSN: 0921-9986
Year: 2007
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Comment about this article or add new information about this topic:
Subjects list: Mergers, acquisitions and divestments, Company acquisition/merger
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