PARIS — Despite a tough economic environment, L’Oréal executives maintain their guidance of 6 percent annual sales growth in like-for-like terms for 2008.
“Cosmetics markets are resisting well, and we have good reason to believe they will continue to resist,” said Jean-Paul Agon, L’Oréal’s chief executive officer, during a meeting held Friday for financial analysts in the company’s headquarters in Clichy, a Paris suburb. “I think 2008 will remain a remarkable year for our gain in market share. As far as growth is concerned, we are absolutely determined to go back to a 6 percent growth rate.
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?"