French luxury giant’s fragrance and beauty division posts first sales decline since 2020 launch, contrasting sharply with aggressive growth at LVMH and Kering.
Cosmetics company beats revenue expectations but faces margin pressure from supply chain costs.
Job cuts reflect a strategic shift: companies are downsizing, streamlining, and reorganizing to adapt to digital disruption and slowing global demand.
Chinese beauty brands are transforming 700,000 pharmacies into retail engines — blending clinical credibility with tech-driven convenience.
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F1’s Zhou Guanyu headlines Lululemon’s Shanghai fitness event
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