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Beauty sales surge at L’Oreal as lockdowns ease

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The French group, which also owns brands like Lancome and makes Armani make-up, posted comparable sales growth of 33.5% in the April to June period, when stripping out currency swings and acquisitions.

That was up from 10.2% like-for-like sales growth a quarter earlier, when L’Oreal said it was already benefiting as people began to socialise more and get dressed up to go out.

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