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.
“Going global” has been the core strategic focus of KORRES in recent years.
The sales in the UK market specifically experienced a decline of 10%.
According to official documents submitted by both parties to the French government, the value of this transaction is 16.32 million euros.
Shanghai Jahwa has completed another acquisition of a maternal and child company.
Luna Daily’s vision is to empower women with more choices and greater autonomy in their body and personal care.
The restructured company plans to raise $670 million through the sale of new shares after exiting bankruptcy proceedings and become a privately held company.
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