THE WHAT? Estée Lauder has lowered its annual revenue forecast, warning that U.S. tariffs will price the corporate about US$100 million this 12 months, prompting share costs to fall 4% in afternoon buying and selling. THE DETAILS The luxurious magnificence group mentioned it might cut back stock ranges and reduce on promotions to offset rising […]
For the primary half of 2025, Beiersdorf’s income reached €5.2 billion. However whereas it skilled development of two.1%, this fell wanting the earlier 12 months’s development of seven.9% for a similar interval. The German private care group famous that it was up towards a mix of “robust prior-year comparability and slower market development” and, in consequence, […]
THE WHAT? Douglas has introduced that it’s decreasing its gross sales forecast for the 2024/25 monetary yr. The German pharmacy chain now expects gross sales of €4.5 billion (down from the earlier €4.7-4.8 billion) and web earnings of €175 – a far cry from the earlier steering of €225-265 million. THE DETAILS Sander van der […]
Procter & Gamble (P&G) is seeing encouraging indicators in China, however a full restoration continues to be a methods off, executives stated on Wednesday, January 22, as the buyer merchandise big reported stable earnings. P&G, whose manufacturers embrace Tide detergent and Charmin rest room paper, in addition to Gilette, Head & Shoulder and Oral-B private […]
