By  on August 31, 2011

PARIS — L’Oréal expects emerging markets to become significantly more profitable this year, but is not giving up on prospects for its more mature markets, despite renewed financial turmoil that is seen dampening consumer confidence in Western Europe, L’Oréal chief executive officer Jean-Paul Agon said Wednesday.

This story first appeared in the September 1, 2011 issue of WWD. Subscribe Today.

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