L'Oréal

New Business

Macron urges Chinese firms to invest in France, EU as tech gap widens

French President Emmanuel Macron has called on Chinese companies to invest in France and transfer know-how in emerging sectors like…

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New Business

Chinese cosmetics challenge global brands with affordable allure

China’s mass-market beauty products are gaining traction overseas, undercutting established brands on price – a trend that could help upstarts…

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New Business

Alibaba and JD.com claim record participation in 618 sales event, boosted by subsidies

More than 453 brands each surpassed 100 million yuan (US$14 million) in gross merchandise value (GMV) on Alibaba’s Taobao and…

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New Business

Estée Lauder, L’Oreal suffer as global brands’ lustre fades in China

Multinational companies (MNCs) are losing ground in China as their “halo effect” fades amid rising competition and a consumer spending…

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