Estée Lauder Companies sales down -10% for fiscal year 2023
Fragrance and hair care sales were strong, skin care sales decreased, while makeup stayed flat.
Archives for August 21, 2023
Diagou disruptions: La Prairie H1 sales decline attributed to diagou woes in China and Korea
German personal care conglomerate Beiersdorf has blamed the diagou situation in China and South Korea for La Prairie’s 9.9% sales decline in the first half (H1).
Network expansion: ASW aims to open 1,000 stores a year as market returns to ‘normality’
A.S. Watson (ASW) Group is aiming to return to its pre-COVID form of expanding its brick-and-mortar network by 1,000 stores a year.