French cosmetics giant L'Oreal says 1st quarter sales up 14 percent on strong upscale demand
April 20, 2015 at 12:48 PM EDT
French cosmetics giant L'Oreal says it pulled in 6.44 billion euros ($6.9 billion) in sales in the first quarter, 14 percent higher than a year earlier thanks to double-digit growth across its range of high-end and mass-market beauty products.