On Thursday, a shareholder meeting held by L'Oreal Group announced the decision to appoint Fabienne Dulac, CEO of French business services company Orange France, as a new board member.7%-in line with the fourth quarter of fiscal 2018 , And higher than the analysts previously forecasted 6.6%. 'Gorgeous Chi' reported in March this year that Hermes will launch an independent cosmetics line, the news was confirmed by Axel Dumas himself.6 billion euros, excluding the effects of exchange rate fluctuations and mergers and acquisitions, an increase of 7. L'Oréal Group said in an official statement:

'The recent announcement by Hermès Group that it will launch an independent cosmetics line, which may create a conflict of interest for the two companies,' so Axel Dumas left the L'Oreal Group board. It is reported that Hermes will launch the makeup series for the first time in 2020, and the skin care series will be launched later.). In the first quarter of the fiscal year ending March 31, L'Oreal Group sales increased 11.

(This article is reproduced from Hualizhi, if you have copyright issues, please contact to delete.French L'Oreal Group announced on Thursday that Axel Dumas, CEO of French luxury goods company Hermès Group, will step down from the former board because Hermès is preparing to launch its own cosmetics wholesale airless pump bottles line. Currently, L'Oreal Group holds cosmetics business licenses for luxury brands such as YSL (Saint-Laurent) and Armani. At the L'Oréal Group's annual shareholders meeting on April 17, last year, the company announced the nominations of two new board members, Axel Dumas and Patrice Caine, chairman and CEO of Thales SA, France ’s largest military company. All products will be completely designed and developed in-house.4% year-on-year to 7

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