While various players in the luxury sector are struggling with disappointing figures, Hermès remains on track.
L'Oréal grew by 4.2% in the third quarter: demand rebounded in China and sales rose faster than in the previous quarter.
Non-food discounter Normal is stepping up its expansion plans in southern Europe with the opening of its first distribution center outside its home country.
LVMH is reportedly considering selling its 50% stake in Fenty Beauty, Rihanna's cosmetics brand. In 2017, the singer launched Fenty Beauty with the help of LVMH's beauty incubator.
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