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Perfume sales propel L’Oréal to 4% growth in Q1

French cosmetics giant L’Oréal announced on Thursday, April 17, a 4.4% increase in sales to 11.73 billion euros (13.34 billion US dollars) in the first quarter, despite a “more difficult than expected” market in the United States, amid inflation and…

LVMH sales dip as Trump tariffs dent luxury tastes

Luxury giant LVMH saw sales fall two percent to 20.3 billion euros (USD 23 billion) in the first quarter of 2025 as US President Donald Trump’s tariffs shook the global economy, the company said on Monday. Sales in the Perfumes…