PARIS — L’Oréal had a banner year in 2002. The French beauty giant said Thursday that innovation and internationalization drove organic growth in a period beleaguered by adverse currency effects.
For the year ended Dec. 31, L’Oréal posted consolidated sales of $15.4 billion, up 8.9 percent on a like-for-like basis year-on-year. It’s a turnout the company calls "record" and in-line with expectations. On a consolidated basis, sales rose by 4 percent. All dollar figures are converted from the euro at current exchange rates.
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?"