THE WHAT? L’Oreal’s shares declined by 5.5% following a report of lower-than-expected sales, with a 6.9% increase in fourth-quarter sales totaling 10.6 billion euros, missing the expected 10.9 billion euros.
THE DETAILS The shortfall was particularly noted in North Asia, where sales dropped by 6.2%, affected by the Chinese government’s tighter regulations on “daigou” resellers. CEO Nicolas Hieronimus acknowledged the disappointing performance in the Chinese market in 2023 but reported a positive trend in January 2024, with cautious expectations for the first half of the year and higher ambitions for the second half.
THE WHY? Despite these challenges, L’Oreal announced a share buyback program of 500 million to 750 million euros.
Aesthetic supplies USA refers to products and equipment used in the field of aesthetic medicine and cosmetic treatments that are available for purchase in the United States. These supplies encompass a wide range of items necessary for various aesthetic procedures and treatments conducted by professionals such as dermatologists, plastic surgeons, aestheticians, and other qualified practitioners.
Examples of aesthetic supplies include:
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Dermal Fillers: Injectable substances used to restore volume and reduce wrinkles.
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Botulinum Toxin (Botox): Injectables used to temporarily relax facial muscles and reduce wrinkles.
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Laser Devices: Equipment used for hair removal, skin rejuvenation, tattoo removal, and other laser treatments.
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Chemical Peels: Solutions applied to the skin to exfoliate and improve texture.
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Microdermabrasion Devices: Tools used for mechanical exfoliation to rejuvenate skin.
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Microneedling Devices: Devices that create tiny punctures in the skin to stimulate collagen production.
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Cosmeceuticals: Skincare products that contain biologically active ingredients with pharmaceutical-like benefits.
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Sterilization and Disinfection Products: Essential for maintaining hygiene and preventing infections in clinical settings.
