LOreal CEO says no inflation impact so far on beauty product consumption

　　div classBodysc17zpet90 cdBBJodivpDAVOS, Switzerland Reuters – French cosmetics group LOreal is not so far seeing any impact from inflation on purchases of beauty products, its chief executive told Reuters on Tuesday.p

　　p“So far we see no impact of inflation and price impacts on consumers‘ beauty consumption,” L’Oreal CEO Nicolas Hieronimus said after speaking on a panel on responsible consumption at the World Economic Forum in the Swiss Alpine resort of Davos.pdivdivdiv classBodysc17zpet90 cdBBJodiv

　　pCompanies making consumer products have been grappling with soaring costs, but LOreal said last month that it beat expectations for sales in the first quarter of 2022. p

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　　pp Reporting by Jessica DiNapoli Editing by Alexander Smithp

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