PARIS (Reuters) -The chief executive of French cosmetics and fashion company L’Oreal said mainland China had turned positive for L’Oreal for the first time in five quarters.
L’Oreal CEO Nicolas Hieronimus added on a conference call he was confident the global beauty sector market would grow at 4% this year.
(Reporting by Dominique Patton;Editing by Sudip Kar-Gupta)