Estée Lauder/New Incubation Ventures Shana Randhava, Se […]

After the acquisition, Suzhou Boke will become Henkel’s dedicated production facility, initially focusing on hair care product manufacturing, laying the groundwork for future expansion.

The Chinese market accounts for more than half of the company’s total sales.

Estée Lauder Cos. Jane Lauder, granddaughter of the fou […]

Looking ahead to the 2025 fiscal year, Procter & Gamble expects net sales to grow by 2%-4% year-over-year, with organic sales growth projected at 3%-5%.

In terms of individual markets, the Chinese Mainland is the second-largest market, achieving a strong growth of 19.3% at constant exchange rates, accounting for 12.9% of the group’s sales and becoming a key growth engine for the group.

Prior to joining Estée Lauder Companies, Shane Wolf worked for several years in L’Oréal Group’s hair care business, holding the latest position of Global President for the Professional Products Division’s American brands.

Sales in the Greater China region declined by 15% on an organic basis. Executives have stated that the slow overall consumer recovery is one of the reasons for the decline in this second-largest market.

Voolga’s stock price surged 27% on its first day of trading.

Unilever sees improvement in the Chinese market with 7.9% sales revenue growth.