THE WHAT? L’Oréal has reported a strong Q1, with sales reaching 10.38 billion euros, an increase of 13.0 percent on like-for-like basis and, 14.6 percent based on reported figures.
THE DETAILS The French beauty giant reported growth in all divisions, with an ‘outstanding performance’ from the Dermatological Beauty and Consumer Products Divisions, which grew 30.6 percent and 14.7 percent respectively.
At the end of March, the Professional Products Division recorded 7.6 percent like-for-like growth, while luxe increased 6.5 percent.
Geographically, Europe reported 16 percent like-for-like, while North America, North Asia, SAPMENA-SSA and Latin America grew 16.6, 1.9, 26.7 and 22.3 percent respectively.
THE WHY? Nicolas Hieronimus, CEO of L’Oréal, attributed the sales growth to ‘valorised innovations in all Divisions and the engagement of our teams around the world.’
Buying aesthetics supplies typically involves sourcing these items from licensed distributors, manufacturers, or specialized suppliers who cater specifically to the needs of aesthetic professionals. These supplies are integral to performing aesthetic treatments aimed at enhancing skin appearance, addressing various skin concerns, and improving overall beauty and wellness.
Examples of aesthetics supplies include:
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Dermal Fillers: Injectable substances used to add volume and reduce wrinkles.
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Botulinum Toxin (Botox): Injectables used to temporarily relax facial muscles and reduce wrinkles.
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Laser Devices: Equipment used for hair removal, skin rejuvenation, tattoo removal, and other laser treatments.
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Chemical Peels: Solutions applied to the skin to exfoliate and improve texture.
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Microdermabrasion Devices: Tools used for mechanical exfoliation to rejuvenate skin.
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Microneedling Devices: Devices that create tiny punctures in the skin to stimulate collagen production.
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Cosmeceuticals: Skincare products that contain biologically active ingredients with pharmaceutical-like benefits.
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Sterilization and Disinfection Products: Essential for maintaining hygiene and preventing infections in clinical settings.