[ad_1] Updated Dec. 5, 2023 4:45 pm ET Procter & Gamble said it was booking a $1.3 billion charge on its Gillette business, adjusting the value of a shaving giant…
Tag: Cosmetics/Toiletries
How Vanilla Perfume Went From Sickly Sweet to Chic
[ad_1] By Emily Jensen | Illustration by Franziska Barczyk for WSJ. Magazine There’s an inherent paradox to vanilla: One of the world’s most rarefied spices, it has also become shorthand…
WSJ News Exclusive | The Estée Lauder Family Built a Beauty Empire. A Succession Rift Threatens It
[ad_1] This copy is for your personal, non-commercial use only. Distribution and use of this material are governed by our Subscriber Agreement and by copyright law. For non-personal use or…
Warren Buffett’s Berkshire Hathaway Sheds Investments in GM, J&J and P&G
[ad_1] Warren Buffett’s Berkshire Hathaway eliminated its stake in a handful of American blue chips, including General Motors and Johnson & Johnson, while the stock market’s rally sputtered in the…
Beauty Stocks Tell an Ugly Story About China
[ad_1] Chinese consumers have been tightening their purse strings. Third-quarter retail sales data seemed to hint at a modest rebound in spending—but beauty stocks are telling a different story. That…
Big Western Brands Are Getting Squeezed by Chinese Belt-Tightening
[ad_1] Updated Nov. 5, 2023 12:01 am ET HONG KONG—Leading Western brands in China are feeling the pinch from the country’s consumer slump. From luxury cosmetics firm Estée Lauder to…
Beiersdorf Upgrades Sales Guidance on Strong Performance
[ad_1] Beiersdorf upgraded its sales guidance for the full year after recording a strong performance in the first nine months. The German personal-care company said Wednesday that it now expects…
P&G Washes Away Consumer Blues Everywhere but China
[ad_1] Oct. 18, 2023 11:29 am ET Procter & Gamble sees a recovering consumer everywhere but in one market, which just so happens to be the world’s second-largest economy. That…