L'Oreal sales slightly miss in fourth quarter as China weakness persists

A woman view skin care products at L'Oreal booth during the 7th China International Import Expo (CIIE) at the National Exhibition and Convention Center (Shanghai) on November 5, 2024 in Shanghai, China.French cosmetics giant L'Oreal on Thursday reported lower-than-expected sales in the fourth quarter amid continued weakness in the Chinese beauty market and a slowdown in demand in the U.S.The world's largest beauty brand posted sales of 11.08 billion euros ($11.49 billion) in the three months to December, up ...