The large French cosmetics company L'Oréal announced on Thursday that its sales grew by 4.4% and reached 11.73 billion euros in the first quarter. This growth was driven by successful product innovations and sustainable growth in online sales. For instance, skin care and fragrance products are experiencing a large surge in demand. The demand for L'Oréal products is also strengthening in the Asia and North America regions. "We continue to build momentum, demonstrating the strength of our brands and geographical balance," said the company's chief executive officer. L'Oréal also confirmed its forecast for 2021 and intends to further invest in research and innovation to meet the needs of a growing number of clients.
