Eva Quiroga-Thiele
Head of Investor Relations
Good afternoon from Paris, and welcome to the third edition of our Let’s Talk Beauty. I’m delighted to be here today with Cyril Chapuy, President of L’Oréal Luxe Division. Over the next 30 minutes, Cyril will explain what makes L’Oréal Luxe truly unique in the world of luxury beauty. We will then have time for questions. [Operator Instructions]
And with that, over to you, Cyril.
Cyril Chapuy
President of L’Oréal Luxe
Thank you so much, Eva. Welcome to everyone behind the screen. We are live from Levallois, the HQ worldwide of L’Oréal Luxe.
So in my presentation this afternoon, I’m going to have 3 parts. First, I’m going to take you through the context in which we evolve our markets, our customers. Then I’ll give you some key numbers regarding our results. And then I’ll try to decode a bit for you our secret sauce. And then, of course, we’ll have time for Q&A.
So let’s start by the luxury markets and the luxury clients, the luxury [indiscernible]. We are acting on the market of luxury personal goods, which is a market which has been dynamic over the last 10 years, plus 4.8. And we are actually the #1 category of luxury personnel goods. As you can see, we used to be the second category after fashion and apparel and now Beauty is the #1 category of luxury personal goods with a nice CAGR growth over the last 10 years of 6.3%. So it’s a nice market to be in. It’s a nice category to be in, Luxury Beauty.
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