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Cosmetics

L'Oreal Reports 6.9% Increase In Fourth-Quarter Sales

L'Oreal Reports 6.9% Increase In Fourth-Quarter Sales

French cosmetics company L'Oreal reported fourth quarter sales growth that fell short of market expectations, reflecting a disappointing performance in Asi...

Estée Lauder Slashes Annual Profit Forecast, To Cut Jobs

MAC lipstick maker Estée Lauder slashed its annual profit forecast and announced a restructuring programme aimed at cutting about 3% to 5% of its wo...