Latest China Test for Western Firms: Consumers Switching to Homegrown Labels

[ad_1] Global consumer brands grappling with a tepid economic recovery in China have another worry: Buyers in the country are turning more to local labels. [ad_2] Source link

Gucci Parent Kering Taps Estée Lauder Executive for Beauty Push

[ad_1] The luxury giant has tapped Raffaella Cornaggia, a senior Estee Lauder executive, to lead a new beauty division, as it looks to expand in cosmetics and perfumes. [ad_2] Source…

Investors See Shift in Europe’s Fortunes

[ad_1] The region’s beaten-down stocks are seeing a recovery after a period of pessimism brought on by the invasion of Ukraine, a subsequent jump in energy prices and the highest…