Sales of L'Oréal, the world's largest cosmetics group, rose in the second quarter, thanks to growth in various regions around the world and a surge in demand from hairstylists for their professional styling products. The specialty products and dermatology and beauty sectors both achieved double-digit growth, while growth in the luxury sector fell short of analysts' expectations. Adjusted same-store sales increased 6.3% in the second quarter, slightly higher than market expectations. The specialty products and dermatological beauty divisions both achieved double-digit growth. Only the second-largest luxury sector did not meet analysts' expectations. The company achieved sales growth across all geographic regions, with North Asia growing 4.5%. Depositary certificates issued by L'Oréal in the US rose as high as 4.7% in New York after the financial report was announced.

Sales of L'Oréal, the world's largest cosmetics group, rose in the second quarter, thanks to growth in various regions around the world and a surge in demand from hairstylists for their professional styling products. The specialty products and dermatology and beauty sectors both achieved double-digit growth, while growth in the luxury sector fell short of analysts' expectations. Adjusted same-store sales increased 6.3% in the second quarter, slightly higher than market expectations. The specialty products and dermatological beauty divisions both achieved double-digit growth. Only the second-largest luxury sector did not meet analysts' expectations. The company achieved sales growth across all geographic regions, with North Asia growing 4.5%. After the financial report was announced, depository certificates issued by L'Oréal in the US rose by up to 4.7% in New York.