PARIS (AP) — French cosmetics giant L'Oreal says its profit grew 5 percent in the first half of 2013, as the North American market bounced back and emerging markets continued to perform well.
The company behind Lancome and Maybelline said Thursday that income was 1.7 billion euros ($2.3 billion) in the January-to-June period. Its revenue was 11.7 billion euros, also up 5 percent from a year earlier.
The company, known for turning in profits year after year, has been pushing into emerging markets to maintain that performance. Those regions now pull in more revenue than either North America or Europe.
Sales in new markets were up 7 percent in the first half; they rose 6.7 percent in North America. Even in Western Europe, where many companies are posting losses, revenue rose 1.6 percent.
Copyright 2013 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.
A Buffalo Police vehicle was involved in a two-car crash around 8:40 a.m. Monday. The crash happened at Bailey and LaSalle Avenues.
Police in Orleans County say they found 43 bags of crack cocaine inside a vehicle on South Main Street, in Albion on Friday.
A Buffalo city jail cell block attendant was arrested early Saturday morning on multiple animal cruelty charges.
An airman from Niagara Falls was away training for the Air Force for months. After being apart from his family, he decided to surprise them at Kelly’s Country Store in Grand Island.
Police say 29-year-old Joshua Sullivan was already issued an order of protection that prohibited him from subjecting the child to any verbal or physical abuse.
A jury will now decide the fate of a teenager accused of killing his girlfriend's young son.