Two European beauty companies, L’Oreal and Eucerin, enjoyed tremendous sales growth in the first half of the year in Thailand.
Umesh Phadke, managing director of L’Oreal (Thailand), announced that it achieved 16 percent sales growth in the first six months of 2012, ahead of the overall cosmetic market growth, which was 8.7 percent.
The outstanding business performance of L’Oreal was due to launches of various innovative products such as L’Oreal Paris White Perfect Laser and Maybelline New York BB Stick. The company’s products in all divisions gained more market share in the first half.
(Source: Bangkok Post )