{"id":71305,"date":"2021-10-21T20:37:35","date_gmt":"2021-10-21T18:37:35","guid":{"rendered":"https:\/\/test2023.luxus-plus.com\/?p=71305"},"modified":"2021-10-22T11:53:54","modified_gmt":"2021-10-22T09:53:54","slug":"loreal-reports-20-sales-growth-in-q3","status":"publish","type":"post","link":"https:\/\/luxus-plus.com\/en\/loreal-reports-20-sales-growth-in-q3\/","title":{"rendered":"L&#8217;Or\u00e9al reports 20% sales growth in Q3"},"content":{"rendered":"<h4>The French luxury group L&#8217;Or\u00e9al recorded this Thursday during the revelation of its quarterly results an increase of more than 20% of its sales in the third quarter of 2021, a figure that exceeded expectations.<\/h4>\n<p><!--more--><\/p>\n<p>&nbsp;<\/p>\n<p>The demand remains strong for the luxury field, and this has played in favor of <strong>L&#8217;Or\u00e9al<\/strong>. The group that owns <strong>Armani<\/strong> and<strong> Lanc\u00f4me<\/strong> is enjoying very good results, <strong>up more than 20%<\/strong>.<\/p>\n<p>&nbsp;<\/p>\n<p>It must be said that the brand has not been idle in recent months: they took advantage of the Covid-19 pandemic to expand their e-commerce channels, and then managed to make the reopening of their stores profitable.<\/p>\n<p>&nbsp;<\/p>\n<p>However, the pandemic has not made things so simple : <strong>mainland China<\/strong> has suffered from some regional restraints on sales of hair and skin care products, areas dear to L&#8217;Or\u00e9al, which may have limited potentially even bigger numbers for the luxury group.<\/p>\n<p>&nbsp;<\/p>\n<p>The company reported <strong>sales up 13.1% from July to September<\/strong>, which exceeded analysts&#8217; forecasts. Deutsche Bank, for example, had expected growth of about 8%, fearing that demand would falter following a post-containment boom.<\/p>\n<p>&nbsp;<\/p>\n<p>Sales had climbed 33.5% in the previous quarter, when L&#8217;Or\u00e9al benefited from booming Chinese and U.S. demand amid easing health restrictions.<\/p>\n<p>&nbsp;<\/p>\n<p>Read Also &gt;<a href=\"https:\/\/luxus-plus.com\/en\/loreal-posts-exceptional-growth-in-q2\/\"> L\u2019OR\u00c9AL POSTS EXCEPTIONAL GROWTH<\/a><\/p>\n<p>&nbsp;<\/p>\n<p>Featured Photo : \u00a9 Getty Images<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The French luxury group L&#8217;Or\u00e9al recorded this Thursday during the revelation of its quarterly results an increase of more than 20% of its sales in the third quarter of 2021, a figure that exceeded expectations.<\/p>\n","protected":false},"author":1,"featured_media":71307,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_seopress_titles_title":"%%post_title%% %%sep%% %%sitetitle%%","_seopress_titles_desc":"Luxury group L&#039;Or\u00e9al recorded this Thursday during the revelation of its quarterly results an increase of more than 20% of its sales in the third quarter of 2021.","_seopress_robots_index":"","_seopress_robots_follow":"","_seopress_robots_imageindex":"","_seopress_robots_snippet":"","_seopress_robots_primary_cat":"none","_seopress_robots_breadcrumbs":"","_seopress_robots_freeze_modified_date":"","_seopress_robots_custom_modified_date":"","_seopress_robots_canonical":"","_seopress_social_fb_title":"","_seopress_social_fb_desc":"","_seopress_social_fb_img":"","_seopress_social_fb_img_attachment_id":0,"_seopress_social_fb_img_width":0,"_seopress_social_fb_img_height":0,"_seopress_social_twitter_title":"","_seopress_social_twitter_desc":"","_seopress_social_twitter_img":"","_seopress_social_twitter_img_attachment_id":0,"_seopress_social_twitter_img_width":0,"_seopress_social_twitter_img_height":0,"_seopress_redirections_value":"","_seopress_redirections_enabled":"","_seopress_redirections_enabled_regex":"","_seopress_redirections_logged_status":"","_seopress_redirections_param":"","_seopress_redirections_type":301,"_seopress_analysis_target_kw":"L'Or\u00e9al,Luxury,Group,growth,Luxury Group,cosmetics,stock market,quarterly results,results","footnotes":""},"categories":[24],"tags":[22419],"class_list":["post-71305","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-business","tag-news-en"],"_links":{"self":[{"href":"https:\/\/luxus-plus.com\/en\/wp-json\/wp\/v2\/posts\/71305","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/luxus-plus.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/luxus-plus.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/luxus-plus.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/luxus-plus.com\/en\/wp-json\/wp\/v2\/comments?post=71305"}],"version-history":[{"count":0,"href":"https:\/\/luxus-plus.com\/en\/wp-json\/wp\/v2\/posts\/71305\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/luxus-plus.com\/en\/wp-json\/wp\/v2\/media\/71307"}],"wp:attachment":[{"href":"https:\/\/luxus-plus.com\/en\/wp-json\/wp\/v2\/media?parent=71305"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/luxus-plus.com\/en\/wp-json\/wp\/v2\/categories?post=71305"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/luxus-plus.com\/en\/wp-json\/wp\/v2\/tags?post=71305"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}