Synopsis
Companies such as ITC, Himalaya Drug Company and Patanjali said they have ramped up their production capacity to address spurt in demand, assuring that their hygiene products are available to the consumers.
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Sanitisers are making a comeback due to rising Covid cases
As the devastating second wave of the COVID-19 pandemic sweeps across India, leading FMCG companies are witnessing a strong surge in demand for their health and hygiene products, including hand sanitiser, hand wash, disinfectant spray and germ protection wipes.
Companies such as ITC, Himalaya Drug Company and Patanjali said they have ramped up their production capacity to address spurt in demand, assuring that their hygiene products are available to the consumers.
Hainan drives start of travel retail recovery for L’Oréal
The company saw 10.2% growth in sales during the first quarter
A new figure is heading up the brand s Europe, Middle East/Africa and India operations
Asia Pacific was the powerhouse for
L’Oréal as the cosmetics giant posted 10.2% sales growth for the first quarter of 2021.
Travel retail in the region also showed signs of recovery in the region, driven by the current power of the market in
Hainan. Sales across the region for L’Oréal improved 23.8% year-on-year, with sales growth in countries such as
Australia,
New Zealand and
+5.4% based on reported figures
Significantly outperforming the market
Remarkable growth in Asia Pacific at +23.8 %
1, driven by mainland China at +37.9%
1
E-commerce growth at +47.2%
2
In spite of the health crisis and the ongoing associated measures in some countries, particularly in Western Europe, the beauty market continues to recover. Against this backdrop, L Oréal has started the year with very strong growth at +10.2% like-for-like
1 in the first quarter, significantly outperforming the market. The Group is therefore continuing its acceleration, initiated in the third quarter of 2020, and is increasing by +5.0% like-for-like compared to the first quarter of 2019.
The performance of the Professional Products, L Oréal Luxe and Active Cosmetics Divisions is remarkable, all showing double-digit growth. The Professional Products Division is posting significant growth all over the world. The growth of L Oréal Luxe is driven by the success of its skincare brands,
+5.4% based on reported figures
Significantly outperforming the market
Remarkable growth in Asia Pacific at +23.8 %
1, driven by mainland China at +37.9%
1
E-commerce growth at +47.2%
2
“
In spite of the health crisis and the ongoing associated measures in some countries, particularly in Western Europe, the beauty market continues to recover. Against this backdrop, L’Oréal has started the year with very strong growth at +10.2% like-for-like
1 in the first quarter, significantly outperforming the market. The Group is therefore continuing its acceleration, initiated in the third quarter of 2020, and is increasing by +5.0% like-for-like compared to the first quarter of 2019.
The performance of the Professional Products, L’Oréal Luxe and Active Cosmetics Divisions is remarkable, all showing double-digit growth. The Professional Products Division is posting significant growth all over the world. The growth of L’Oréal Luxe is driven by the success of its skincar
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