Sales of L'Oréal, the world's largest cosmetics group, rose in the second quarter, thanks to growth in various regions around the world and a surge in demand from hairstylists for their professional styling products. The specialty products and dermatology and beauty sectors both achieved double-digit growth, while growth in the luxury sector fell short of analysts' expectations. Adjusted same-store sales increased 6.3% in the second quarter, slightly higher than market expectations. The specialty products and dermatological beauty divisions both achieved double-digit growth. Only the second-largest luxury sector did not meet analysts' expectations. The company achieved sales growth across all geographic regions, with North Asia growing 4.5%. After the financial report was announced, depository certificates issued by L'Oréal in the US rose by up to 4.7% in New York.

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