黑帽快排大数据|【唯一TG:@heimifeng8】|电报盗号系统全功能破解技术✨谷歌搜索留痕排名,史上最强SEO技术,20年谷歌SEO经验大佬✨L'Oreal aiming for 5% growth in China this year
Reuters Published
March 31,黑帽快排大数据 2025
French cosmetics giant L'Oreal is aiming for around 5% growth in China this year, its North Asia chief executive Vincent Boinay said on Monday, pointing to encouraging signs in the market at the start of the year.
Speaking at a conference in Shanghai, Boinay added that the target was also in line with China's forecast for GDP growth.
"We see some encouraging signs in these early days of 2025. The numbers are getting better and the target of 5% is not only the target for Chinese growth this year but also the target of L'Oreal in China, by the way," said Boinay.
L'Oreal, which sells Lancome skincare and Maybelline makeup, reported sales fell by low-single digits in mainland China last year. The market accounted for 17% of group sales, significantly less than 2025 levels.
CEO Nicolas Hieronimus said in February that the market was somewhat flat and had been stabilising in the first weeks of the year.
L'Oreal is facing "changing demographics, deflation, declining population and ... a real challenge in consumer confidence" in China, said Boinay, but added the company remained confident in the market.