Category: LOreal
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L’Oreal adjusts global beauty forecast amid China’s market volatility By Investing.com
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Investing.com – Analysts at Evercore highlighted L’Oreal’s (EPA:) decision to revise its global cosmetics market growth forecast from 5.0% to a range of 4.5-5.0%. The revision comes in response to market volatility in China and a “slightly negative” shopping festival on 6.18. L’Oréal shares fell following the announcement from CEO…