Bussiness

Estee Lauder sinks after dour 2023 outlook due to slow…

Posted by Admin May 3, 2023

Co expects annual net sales to fall 10% to 12%Expects annual adj. profit per share to fall 50% to 51%Shares fall as much as 22%May 3 (Reuters) - Estee Lauder Co

EU, UK, Swiss probe suspected fragrance cartel, Givaudan confirms cooperation

Posted by Admin March 7, 2023

BRUSSELS/ZURICH, March 7 (Reuters) - Swiss fragrance and flavour maker Givaudan (GIVN.S) said on Tuesday that it was being investigated by European Union and Sw

Beiersdorf sees slower sales this year after bumper 2022

Posted by Admin March 1, 2023

2022 organic sales up 10.2%2022 operating result up 16.6%Organic sales growth to slow this yearProposes flat dividend of 0.70 eur/shrBERLIN, March 1 (Reuters) -

China defends its retaliation against South Korea, Japan COVID curbs

Posted by Admin January 11, 2023

BEIJING, Jan 11 (Reuters) - Chinese state media defended on Wednesday the retaliatory measures against South Korea and Japan over their COVID-19 travel curbs as

Asian tourism-focused businesses ready for China rebound as border reopens

Posted by Admin January 10, 2023

Chinese tourists spent $255 bln a year before pandemicThailand has lifted 2023 arrival forecast for Chinese touristsTrip.com reports 83% jump in outbound search

L’Oreal posts brisk sales rise despite disruptions in China

Posted by Admin October 20, 2022

PARIS, Oct 20 (Reuters) - Cosmetics group L'Oreal posted robust sales growth over the third quarter, lifted by brisk demand in Europe and the United States, whi

Ukraine seeks to rebuild economy with defiant small businesses

Posted by Admin October 8, 2022

Women-owned skincare business expands despite warSigns frozen economy is stabilizingKyiv sets sights on $500 bln GDP by 2032Government has relocated 700 compani

L’Oreal Paris hosts exuberant catwalk presentation at fashion week

Posted by Admin October 2, 2022

PARIS, Oct 2 (Reuters) - L'Oreal Paris sent a pack of models and dancers down a giant runway in the center of the French capital on Sunday, throwing the spotlig

China’s livestreaming sales king returns to screens after long absence

Posted by Admin September 20, 2022

Livestreaming sessions by Chinese livestreamers Li Jiaqi and Viya, whose real name is Huang Wei, (L) are seen on Alibaba's e-commerce app Taobao displayed on mo