L'Oreal scents success despite slowed growth
By Xu Junqian in Shanghai | China Daily | Updated: 2013-03-01 07:01
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Shoppers walk along a L'Oreal sales center at a shopping mall in Qingdao, Shandong province. Huang Jiexian / For China Daily |
L'Oreal, the world's largest cosmetics and beauty company, has recorded its 12th consecutive year of double-digit growth in China, reaping 12.05 billion yuan ($1.91 billion) in revenue in 2012.
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