Investors Bet Big On K-Beauty As South Korea Becomes Top US Cosmetics Exporter
South Korean cosmetics are making significant inroads into the US, the world’s largest beauty market, leading to a sharp rise in dealmaking activity among the...
Tag : L'Oreal SA
L’Oreal CEO plays down the impact of U.S. tariffs, says he’s ‘not overly concerned’
L’Oreal could avoid the worst of the tariff war with the U.S., the beauty giant’s CEO Nicolas Hieronimus, told CNBC, warning that the price impact...
Europe’s luxury sector is showing signs of revival — but China weakness and tariff threats loom
A Gucci luxury goods store in the Galleria Vittorio Emanuele shopping mall in Milan, Italy. Bloomberg | Bloomberg | Getty Images Europe’s troubled luxury sector...
CNBC Daily Open: Markets aren’t as enthusiastic over Trump and AI as they used to be
The Russel Metals industrial facility seen in Nisku, Alberta, Canada, on Feb. 7, 2025. Artur Widak | Nurphoto | Getty Images The excitement over artificial...
L’Oreal looks to U.S. ‘land of opportunity’ as China disappoints
L’Oreal global flagship store is seen on Nanjing Road on May 8, 2021 in Shanghai, China. Vcg | Visual China Group | Getty Images The...
L’Oreal sales slightly miss in fourth quarter as China weakness persists
A woman view skin care products at L’Oreal booth during the 7th China International Import Expo (CIIE) at the National Exhibition and Convention Center (Shanghai)...
Fund manager reveals what needs to change for her to invest in luxury stocks
A slump in Chinese consumer confidence is holding Sanlam investments’ Hannah Gooch-Peters back from buying luxury stocks like LVMH. Speaking to CNBC’s Silvia Amaro, the...