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Shiseido posts web loss in 2024 amid China consumption turmoil

Shiseido posts web loss in 2024 amid China consumption turmoil

Japanese cosmetics big Shiseido reported a web lack of 10.8 billion yen (about USD 71 million) for 2024, principally as a result of a stoop in gross sales within the Chinese language market. It was the agency’s first web loss since 2020 and the COVID-19 pandemic. Whereas it falls sharply (-73% in comparison with 2023), […]

Givaudan posts report revenue in 2024, pushed by fragrances and sweetness

Givaudan posts report revenue in 2024, pushed by fragrances and sweetness

Swiss group Givaudan, specializing in perfumes and flavours, introduced on Friday January 24 a report revenue for the 2024 monetary yr, pushed as soon as once more by robust demand in perfumery. The group stated it anticipated to exceed its five-year progress goal. Headquartered in Geneva, Switzerland, the corporate by no means publishes annual forecasts […]