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.
“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.
