China

Cosmetics sales boost LG H&H figures despite China volatility

Cosmetics sales boost LG H&H figures despite China volatility

By Amanda Lim

South Korea’s LG Household & Health Care has delivered its best quarterly performance with help from its cosmetics division which recorded strong double-digit growth, despite market volatility due to falling numbers of Chinese tourists.

© Getty Images / (kzenon)

Avon Products sells its manufacturing business in China to TheFaceShop

By Deanna Utroske

This week the global beauty company announced having reached an agreement with TheFaceShop, a subsidiary of LG Household & Health Care Ltd, to sell is China-based manufacturing operation. And while Avon will profit financially from the sale, initially...

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