On April 21st, L’Oreal China held its annual communication meeting for development strategy, themed “Beauty Beyond @ the Dawn of New Era – Annual Communication Meeting for Development Strategy 2023” in Shanghai. The President of L’Oreal North Asia and CEO of L’Oreal China, Fabrice Megarbane, provided a detailed analysis of the company’s 2022 performance in the Chinese market, as well as shared market insights and strategic plans.
China’s market grew by 5.5% in 2022, with high-end beauty products accounting for over 30% of the market sha …
