By Bloomberg Published December 10, 2024 Chinese stocks that are listed in the US staged a sharp rally Monday as top leaders in Beijing used their most direct language yet …
By Reuters Published November 25, 2024 Bath & Body Works on Monday raised its forecast for full-year adjusted profit and projected a smaller drop in annual sales on strong demand …
By Reuters Published November 6, 2024 Coty on Wednesday said it expects annual profit to come in at the low end of its forecast, as weak demand for beauty products …
By Reuters Published November 6, 2024 Elf Beauty raised its forecasts for annual sales and profit on Wednesday, betting on its efforts to sell cosmetics such as lip oil and …
By Reuters Published November 5, 2024 Elf Beauty is likely to report revenue growth of nearly 33% for the second quarter, bucking weak demand in the industry as its inexpensive …
By Bloomberg Published November 4, 2024 When LVMH CEO Bernard Arnault toured China in June last year, he visited a five-story site in Beijing where the company’s top brand Louis Vuitton planned to open …
By Reuters Published October 31, 2024 Estee Lauder shares slumped as much as 27% on Thursday, after it pulled its annual sales and profit forecasts and cut its dividend as …
Translated by Roberta HERRERA Published October 29, 2024 As it prepares to release its quarterly results on October 31, U.S. cosmetics group Estée Lauder is announcing another high-profile departure: Jane …
By Reuters Published October 28, 2024 Cosmetics giant Estee Lauder has picked senior executive Stéphane de La Faverie to take over as its CEO, the Wall Street Journal reported on …
By Bloomberg Published October 27, 2024 China’s growing consumer frugality has led to yet another quarter of sluggish earnings for some global brands, but turbocharged growth for their local rivals. …