PARIS — L’Oréal’s quarterly sales gain came in slightly under financial analysts’ expectations.
Its 5.2 percent like-for-like second-quarter revenue growth to 5.81 billion euros, or $7.58 billion, was below consensus and Sanford C. Bernstein & Co.’s estimate of 5.6 percent, according to Andrew Wood, an analyst there. On a reported basis, the French beauty giant’s sales increased 4.2 percent.
Issa Rae stopped by WWD's NYC headquarters to talk about season two of "Insecure," which premieres this Sunday on HBO. Click link in bio for all the details. #wwdeye (📷: @jgreenery; Styled by @mayteallende)
A Stella McCartney sketch of a custom dress made from protein-based silk in partnership with biotech lab Bolt Threads. The dress will be displayed at The Museum of Modern Art's upcoming design exhibition, "Items: Is Fashion Modern?"