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government-trade

L’Oreal Net Profits Rise 11.9%

PARIS — For the first time in his tenure as L’Oréal chief executive officer, Jean-Paul Agon reviewed the company’s full-year turnout, for 2006, and outlined its vision that continues to stretch both far and wide.<BR><BR> In a...

PARIS — For the first time in his tenure as L’Oréal chief executive officer, Jean-Paul Agon reviewed the company’s full-year turnout, for 2006, and outlined its vision that continues to stretch both far and wide.

In a meeting at company headquarters in the Paris suburb of Clichy, Agon — who became ceo in late April 2006 — and L’Oréal’s divisional managers discussed key topics for the firm.

Among them, 2006 was a year of some firsts. Last year marked the first time L’Oreal’s skin care (including sun care) category rang up the most business in the company. On a geographic basis, it was a banner year for L’Oreal in emerging markets, since its sales in the “rest of the world” zone overtook North America’s.


For complete coverage see tomorrow’s issue of WWD.