results are better than expected for l'oreal. up13%.hat is despite the difficulties in the chinese market. we know the business is impacted by the lifting of the covid restrictions and people having covid in january and february. you see activity coming back in that region. you see sales up 2% in northern asia the resilience in the consumer in the u.s. and europe with sales up 16% in both regions that despite price hikes in place. l'oreal is impacted and you see activity coming back quickly in china. they will benefit quickly. the ceo speaking on the call and was confident for that region for the year in looking at the divisions for l'oreal, consumer division was up 15% cosmetics, a smaller division, but one growing fast for them. sales up 30% with the key brands finally, luxury, the largest division since a couple of years ago, up 6.5% part of the business that will benefit from the reopening of the chinese economy. also part of the business that will be benefitting from their largest brand acquisition a few days ago asop with $2.5 bil

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inclusivity is the next frontier for l'oreal. - it on. frontier for l'oreal. it - it on. inclusivity is the next frontier for l'oreal. it is . frontier for l'0real. it is launching the world's first hand computerised makeup applicator designed for users with limited hand and arm mobility. with limited hand and arm mobility-— with limited hand and arm mobili . , . mobility. some the times i have felt that just _ mobility. some the times i have felt that just because _ mobility. some the times i have felt that just because i - mobility. some the times i have felt that just because i am - felt thatjust because i am disabled i may not be as beautiful, and i think makeup and beauty can make me feel that. i hope that i am considered and everyone else in my community is considered that these technologies are going to be launched. these technologies are going to be launched-— be launched. beauty may be in the e e be launched. beauty may be in the eye of— be launched. beauty may be in the eye of the _ be launched. beauty may be in the eye of the b

l'oreal in focus after the acquisition of aesop expect to hear more about virgin orbit.hat is it fore. m thank you for watching "street signs. "worldwide exchange" is coming up next. when we started our business we were paying an arm and a leg for postage. i remember setting up shipstation. one or two clicks and everything was up and running. i was printing out labels and saving money. shipstation saves us so much time. it makes it really easy and seamless. pick an order, print everything you need, slap the label onto the box, and it's ready to go. our costs for shipping were cut in half. just like that. shipstation. the #1 choice of online sellers. go to shipstation.com/tv and get 2 months free. >>> it is 5:00 a.m. at cnbc global headquarters. here is the top "five@5. higher for longer or sooner or later. tough questions when it comes to jay powell's next move my next guest says bet on the latter. >>> and reports that apple is joining the ranges of big tech cutting head counts to reduce costs. >>> and here in the new york city area, former president trump set to be arra

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we have seen that today in the m&a that l'oreal is doing.it has market position so it can consider that it has a good balance sheet they can look at making acquisitions. that sort of company which is in a better position to maintain margins, to maintain a good balance sheet, to grow in an environment a slightly slower growth. francine: if you are a winning company you will do better but if you're already struggling you will do worse? sharon: yes, yes. any type of downturn and recession, slow economic growth and higher interest rates really splits the market between the winners and losers. francine: industry groups that you like? there are winners and losers within industry groups there are obvious winners. sharon: i think there are in the sense that there are areas like healthcare, for example, some of the better quality tech companies, which i think have good balance sheet. they can get through this period of slow economic growth and grow a little bit through the period. the energy stocks as well have not worked well this year so far until

inclusivity is the | next frontier for l'oreal.mputerised make up applicator, designed for users with limited hand and arm mobility. 50 with limited hand and arm mobility-— with limited hand and arm mobili . , , , mobility. so many times they have followed _ mobility. so many times they have followed just _ mobility. so many times they have followed just because i mobility. so many times they l have followed just because i'm disabled i might not be as beautiful enough for society and i think make up a beauty can make me feel that and i hope i am considered and everyone else in my community is considered when these technologies are going to be launched. technologies are going to be launched-— technologies are going to be launched. �* . , , launched. beauty may be in the e e of launched. beauty may be in the eye of the _ launched. beauty may be in the eye of the beholder, _ launched. beauty may be in the eye of the beholder, but - eye of the beholder, but technology is one way for the beholder to feel both included and immersed in th

by l'oréal. what makes the l'oréal vitamin c serum different?% pure vitamin c serum by l'oréal paris. when compared to a vitamin c derivative, only pure vitamin c can fight skin oxidation instantly. skin looks up to 70% brighter. pure vitamin c serum by l'oréal paris. meet the future. a chef. a designer. and, ooh, an engineer. all learning to save and spend their money with chase. the chef's cooking up firsts with her new debit card. hungry? -uhuh. the designer's eyeing sequins. uh no plaid. while mom is eyeing his spending. nice. and the engineer? she's taking control with her own account for college. three futures, all with chase. freedom for kids. control for parents. one bank for both. chase. make more of what's yours. here's your biggie bag! all that food for five bucks, that's my go to. that's my ride-or-die. just like you and me. bag boys. bag boys! whatcha gonna do? don't! whatcha gonna do when we bring your food. you can always bet on biggie choose wisely, choose wendy's $5 biggie bag. and now please welcome ana montoya. ♪ hello there,

l'oreal is buying esop. i'm told that skincare is very important. at me because maybe i don't do enough of that kind of thing. l'oreal up by .8%. maybe you are worth it. john wood group down by 1.2%. it's going to keep pushing back on the bid offer. the market spiked earlier, but his faded that. then we come to ubs up by .2%. tomorrow it's the ubs agm. we will hear a little bit later what the messages will be. it's walk us through tomorrow. we finally get to the story in china. the nato meeting the second day. we saw the finland story today. we get the final reads on pmi's. we will talk about those a little bit later. do we believe the pmi's? are they painting an accurate picture as to what is happening on both sides of the event to? -- sides of the atlantic. then we get to the ubs agm which will be fascinating tomorrow. alix: much of our team's women, and we are all on a push to make guy embrace skincare. let's look at what happened at credit suisse. the ceo addressed the general meeting and expressed regret that he was not able to navigate last wa

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the china impact is a catalyst and though l'oreal's of the world, at what point does the chinese consumer play a beat? charlotte: for a number of those names, the luxury goods have already had fantastic numbers from consumers in china. there are companies whether they be restaurant businesses or diageo's and other businesses that will benefit. that should attract and be more helpful. francine: i cannot believe the lvmh earnings. at is now the most valuable company -- it is now the most valuable company. i am only of you are and i do not buy anything. [laughter] when you look at in general the strength from china that is boosting, is it enough to fill the gap of credit issues like a big credit crunch in the u.s.? charlotte: i definitely do not think that credit crunch issue is in the numbers right now. 30% or 40% is what you see when you look at the credit issue and with china, it is coming back on track for the consumer, but it is not seeing the infrastructure boom we saw in the 2000's. tom: do you buy banks at this point? charlotte: we would not be particularly enthusiastic about banks.

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l'oreal sales have jumped more than expected.he french koz met ecks giants expecting strong demand. north asia, which includes china, what is a weak spot however with the country reporting supply con ventilators. one of the largest hedge funds has sold its property bonds. purchases of the assets helped stur a 523% increase in shanghai's asset management strategy last year. they said they are concerned about the debt burden from the property sector. this is bloomberg. tom? tom: thank you. coming up, hsbc pushes back firmly against a proposal to spin off its asia business. we'll have more on the continuing battle to step up again. that is next. this is bloomberg. ♪ tom: welcome back to the open. we are 23 minutes into the european trading day. losses across the bench mark of .2%. what the fed beige book tells us about a stalled u.s. economy. real pressure coming through for like of iron ore and brent and w.t.i. a third day where you have seen oil down. back to $81 a barrel on brent. the session tieing into those concerns about the

l'oreal has agreed to acquire luxury brandaesop.andidates at teck resources is said to be open to offers from potential suitors once it finishes a spinoff of its coal business. it has rejected a proposal from glencore. tech will go ahead with the shareholder vote separating its metals. that is your bloomberg business flash. alix: i want to get up to the start up when we cover the top tech stories. turning as now, and letlow -- joining us now,ed ledlow. ed: they're eliminating some roles focus on leadership and strategy behind store rather than retail store employees themselves. that is according to sources, we are avoiding the word layoff. these are strategic cuts. apple is building it as a part of making the store experience better. as guy was alluding to the moment ago, apple has been under a belt tightening, since last year including real allocating resources to more critical parts of its business. guy: does that imply that retail is not critical? ed: do not know the number of cuts. we do know managerial positions are being cut.

and then in 3rd is the world's largest cosmetics company, l'oreal so notably, no tech firms or energy firms and the top 3 in europe. and as i mentioned earlier, maybe has benefited from a booming luxury goods market. have a look at how that's growing over the past decade. it took a big hit during the pandemic as you can see here, but is now surging once again, way past pre pandemic levels. where we can now speak to ron boss, who is global head or consumer retail research, actually h s b c. thank you very much. for joining us on the program. so just tell us what is elvia it's doing, right? they're doing a lot of things, right. i think, i think clearly what we've seen over the past 3 years is an acceleration of market share. games are great visibility, very high margins. and what's happening now is you're seeing quite a few earnings upgrades coming through. i think fundamentally, we had underestimated the impacts of the reopening in europe, even more so in the u. s. and now you have chinese consumers coming back and they're moving the needle quite significantly. and that is what is surp

by l'oréal.ted pg-13. >> i was sitting in the newsroom at the salt lake tribune and all of a sudden, you could hear the crackle on the police radio. kidnapping university of utah. kidnapping, it kept repeating that. >> attempt to locate a suspect involved in possible kidnapping. the victim is lauren mccluskey. my daughter, lauren mccluskey, i was talking to her mom and then she just started saying no, no, no, like someone might have been grabbing her or something. >> we were scrambling trying to figure out where she might be. >> all right. you said she was locked into her car in front of wobbling? >> from -- gardner commons. >> someone is talking on her phone. hello. >> hello. -- >> okay. if you would just stay er i think she was mugged. >> where is that backpack at? can you get a location for me? >> university police. >> hi. i just found a whole bunch of -- on the ground and a phone that has an active call. i picked it up. this woman -- >> yes, i was just on the phone with her parents. >> okay.

and then in 3rd is the world's largest cosmetics company, l'oreal so notably, no tech firms or energy firms in the top 3 in europe. and as i mentioned earlier, maybe has benefited from a booming luxury goods market. have a look at how that's growing over the past decade. it took a big hit during the pandemic, as you can see here, but is now surging once again, way past pre pandemic levels. where we can now speak to our own boss who is global head or consumer and retail research at h s, b c. thank you very much for joining us on the program. so just tell us what is elvia may be doing, right? they're doing a lot of things, right. i think, i think clearly what we've seen over the past 3 years is an acceleration of market share gain are great visibility, very high margins. and what's happening now is you're seeing quite a few earnings upgrades coming through. i think fundamentally, we had underestimated the impacts of the reopening in europe, even more so in the u. s. and now you have chinese consumers coming back and they're moving the needle quite significantly. that is, what is surpris

excellence creme de l'oréal paris yahaira: yamila es una niña bien alegre.untos como pareja y juliancito pequeÑo. imÁgenes que va a poder ver sÓlo aquÍ en univisiÓn y "despierta amÉrica". cristina: despuÉs de tener cuatro hijos, quÉ tales tener esto que es como un hijo nieto? [risas] cÓmo te ha cambiado tu vida? joan: a mis 45 aÑos la verdad es que... [risas] a mis 45 aÑos me siento mÁs capaz de dar el mismo humor ——amor pero mejor canalizado. un amor mÁs maduro. tengo mÁs tiempo de entregarle a mi hijo [aplausos] [risas] quiero—— yo quisiera hacer el comentario porque alguna vez alguien me criticÓ tambiÉn y pensaron que de alguna forma renegaba yo de mis hijos que habÍa nacido antes y quÉ pecado que me vieran malinterpretado. no. yo pienso que el amor por los hijos es el mismocomo sÓlo que cuando no tiene uno ni el tiempo ni los medios, y los medios son principalmente el tiempo para dedicarles a los hijos. cristina: cuando tus hijos grandes estaban chiquitos, tu carrera te impedÍa estaren tu casa . casi nunca. joan sebastiÁn: efectivamente. empezaba mi carr

excellencece crememe de l'oréal l paris ♪♪. ♪♪. >>> a pesar que el gobierno de daniel ortega prohibiÓ lama se disculpÓ. del evento en que se le viÓ aparentemente intentando besar al menor. el lÍder religioso asegurÓ que esto fue una forma inocente y de juego. en la cultura tibetana sacar la lengua es una manera de saludarse. este sdroi que causÓ controversia registrado el 28 de febrero en un encuentro con 120 estudiantes ni la india. se desconoce por quÉ se dio a conocer hasta este momento. rosalÍa quiere regalar al pÚblico su talento, concierto gratis. lodetalles a ♪♪. ♪♪. >>> l le queremos presentar al rorobot, diseÑeÑado paraa traob en unn almacacÉn. se m mostrÓ en la exhi biciÓn e chicago como puede e estar durae 20 horas cargando y moviendo cajas y otras labores, luego de 20 horas de arduo trabajo ininterrumpido, como puede ve, digit colapsÓ. >>> la dants rosalÍa se va presentar el prÓximo 18 de e abl lo dio a a conocerer la goberna mexicana clau - la encontrÉ a ella en la cama con mi amigo. - ¿es tuyo el hijo? - mire, doctora polo, la golpeÉ, la golpeÉ, la dejÉ tirada en el piso

l'oreal in the mix. you have the lvmh numbers about to drop.ear what the company has to say. volvo out with very strong numbers. you have mixed opinion from whether -- mixed opinion, citi loves these numbers. there it is. lvmh. we come in the numbers a little soft. we will see what happens after the numbers drop in a few minutes time. joe biden is in dublin. the tour continues. we get dithered on sales. we have mass later on this week. look to what is happening in the grocery sector of the u.k.. we have real price -- supply chain issues in fruits and vegetables. we have imperial brands out of numbers as but we get u.k. gdp data which will be fascinating. it is not expected to be a solid number. it is most likely a signal we are continuing with stagnation. we are not getting a recession but we probably will not get anything more exciting than that. the governor of the bank of england, andrew bailey, was speaking earlier about the impact the banking crisis is having on the u.k. economy. this may not be one of the biggest risks the u.k. faces righ

. >> reporter: now she runs a booming business with uber, l'oreal and tiktok. >> i took a chance. >> reporter: the founder of sustainability concierge helps clients make their homes more environment friendly. >> during home offices, we saw people trade and reuse furniture all over the place. there is absolutely no reason why corporations shouldn't be doing the same. >> reporter: the epa estimates 17 billion pounds of office assets end up in landfills every year. too costly to execute inventories manage and sell items. >> a lot of the big companies don't have a way of managing the office furniture. >> we see the office landscape change, we should be demanding that these corporations utilize the furniture that they have or trade or exchange and design around reuse. >> reporter: what companies get in return is ci onomfothe echo base and reach sustainability goals. >> that is what this generation cares about. >> reporter: turning a profit with a simple gift for the office. >>> the hopes inspiring the next generation of girls for back pain, i've always been a take two and call in the morn

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now she is running a booming business working with companies like oober, l'oreal and tick-tock. >> i>> reporter: the founder of sustainability concierge helps to clients make their homes more environmentally friendly. >> during the pandemic as folks were setting up home offices, we were seeing people, you know, trade and reuse furniture all over the place. there is no reason why corporations should not be doing the same. >> reporter: the epa estimates that 70 billion pounds of office assets and up in landfills every year. it is too costly for companies to execute inventories, manage and sell items. >> a lot of the big companies, you would be surprised. they don't have a way of managing office furniture. >> as we see the office landscape change, we should be demanding that these corporations utilize the furniture that they have , or trade, exchange and design around or use. >> reporter: they say they want an eco-friendly economy to achieve their goals. turning a profit with a simple pivot for a bigger seat at the office table. >> i like it! >>> turning a profit at ski resorts through

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new telescopic lift mascara by l'oreal paris. we're worth it. odt, i can treat and prevent my migraine attacks, all in one. don't take if allergic to nurtec. allergic reactions can occur, even days after using. most common side effects were nausea, indigestion, and stomach pain. talk to your doctor about nurtec today. be a nice day to visit alcatraz . maybe take a stroll across the golden gate bridge will be blown to bits like he may have been earlier in the week. with those gusty cold winds. it's warming up, and it feels great. enjoy it. clothing and decor items from the late nineties and early two. thousands are making a comeback. drifting and buy second hand has only become more popular during the pandemic. a survey on ebay finds between 2021 22 80% of those older items were purchased by members of gen z and it's not just iconic memorabilia and collectibles. clothing from the earlier era is resurfacing as well. we've got denim on denim on denim for days . this is what the girls loved back in the day bam that with a pair of denim shoes and a c

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