Amazon’s June launch of an indie beauty shop speaks volumes about the opportunity of late for charismatic new brands, but L’Oreal SA’s latest financial results are a bright sign that big cosmetics brands still have plenty of room to grow.
L’Oreal’s sales increased 6.8% like-for-like over the first nine months of fiscal 2018, reaching roughly €19.9bn ($22.7bn), according to the...




