L'Oreal CEO Agon on China Sales Boost, New Chief

The transcript discusses L'Oreal's growth in China, particularly in Hainan Island, which has become a major retail destination due to travel restrictions. It highlights the recovery of the makeup market in countries like the UK, Israel, and the US, while Western Europe faces challenges due to prolonged lockdowns. Skincare trends continue to rise, and the company maintains strong ethical principles amidst brand activism. The transcript concludes with leadership transition advice for the incoming CEO.

What factors contributed to the growth of sales in China?

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How has Hainan Island become a travel retail destination?

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What impact did the pandemic have on the makeup category?

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What signs of recovery are being observed in the makeup market?

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What trends are expected to continue in the skincare market?

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How is L'Oreal navigating through societal issues and brand activism?

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What advice did the CEO give to their successor?

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