L’Oréal CEO is confident in the outlook for the beauty industry

The L’Oréal logo can be seen in the exhibition space of the Viva Technology Conference dedicated to innovation and startups at the Portede Versailles Exhibition Center in Paris, France, on June 15, 2022. REUTERS / BenoitTessier / File Photo

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Dublin, June 21 (Reuters)-L’Oréal (OREP.PA) CEO Nicholas Hieronimus continues to satisfy consumers despite the “more complex” global economy. He said he was confident in the outlook for the beauty industry he wanted to do.

“Carpediem is really better than inflation today,” said the head of the world’s largest cosmetics company at the Global Summit of the Consumer Goods Forum.

AS Watson, CEO of Malina Ngai, a beauty and health retailer owned by CK Hutchison Holdings Ltd (0001.HK), is more cautious about what customers buy and where to buy at the same meeting. And he said he was selective.

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Reported by Padraic Halpin; edited by Conor Humphries

Our Criteria: Thomson Reuters Trust Principles.

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