Estée Lauder shares plunge as China sales slump prompts dividend cut
Estée Lauder, the beauty company that owns Clinique and MAC Cosmetics, has cut its dividend and ditched its profit forecast as a sales slump in China deepens, prompting a 20 per cent fall in its ...
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CIIE: Cosmetics giant L’Oreal strengthens China supply chain to reduce risk of disruption
L’Oreal, the world’s largest ­cosmetics company, plans to make its supply chain in China more resilient to reduce the risk of a global disruption, company executives said at the world’s ...
Estee Lauder shares crash 25% as US beauty giant sees sales slump amid slowdown in China
Estee Lauder, which counts actress Ana de Armas (pictured) among its ambassadors, brought in sales of £2.6bn in the three ...
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Nars make-up boycotted, after cosmetics tested on animals in China
"China is projected to become the largest market for personal care and cosmetics products globally in the next five to ten years," it states. Nars is not the only familiar brand to be sold in ...