France's L'Oreal , whose beauty brands range from Lancome creams to Maybelline make-up, is stocking up cosmetics in Britain as part its preparations for Britain leaving the European Union, its chief executive said.
Four weeks of anti-government protests that have hit French brick-and-mortar retailers are also taking their toll on online peers during the crucial Christmas shopping season, said France's e-commerce federation, Fevad.
European Union finance ministers failed to agree a tax on digital revenues on Tuesday, despite a last minute Franco-German plan to salvage the proposal by narrowing its focus to companies like Google and Facebook .
EU governments are divided over a plan to tax big internet firms like Google and Facebook on their turnover, fearing retaliation from the US, and could delay its application, officials said on Tuesday.
The German finance ministry denied a newspaper report on Wednesday that Finance Minister Olaf Scholz had given up on plans to make internet giants, including Google, Apple, Facebook and Amazon, pay more tax.