VIDEO: L'Oreal profits on lipstick effect
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VIDEO: L'Oreal profits on lipstick effect

London : United Kingdom | Aug 29, 2011 at 10:10 PM PDT
Source: BBC
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Cosmetics giant L'Oreal makes profit despite downturn 30 August 2011 Last updated at 01:02 ET The cosmetics giant L'Oreal is expected to unveil healthy profits for the first half of the year on Tuesday. L'Oreal is benefitting from the "lipstick effect" a theory that says consumers spend more on little... FULL ARTICLE AT BBC
 
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