L'Oreal CEO Expects U.S. Makeup Market to Bounce Back Next Year

Jean-paul Agon discusses the current slowdown in the US makeup market, attributing it to a natural cycle after years of growth. He notes shifts in consumer habits, with changes in retail and e-commerce dynamics, and emphasizes the importance of adapting to long-term trends. Despite challenges in North America, he remains optimistic about a recovery next year and highlights strong performance in other global markets.

What is the expected outlook for North American sales in the coming year?

What does the speaker mean by 'it can't be perfect everywhere' in the context of global sales?