China’s tepid rebound has left luxury shops relying on US demand

[ad_1] By Bloomberg Published Feb 9, 2024 Just over a year after China ended its Covid-Zero policy, the expected bounceback in spending on high-end consumer goods has failed to live up to expectations. See catwalkMiu Miu – Spring-Summer2024 – Womenswear – Paris – © Launchmetrics L’Oreal shares tumbled as much as 7.7% on Friday after […]

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Brazil’s Natura mulls splitting Natura Latam, Avon into separate listings

[ad_1] By Reuters API Published Feb 6, 2024 Brazilian cosmetics maker Natura &Co said on Monday its board authorised management to study splitting its Avon brand outside Latin America, which could spawn a new listed firm managing the business outside the region. Avon The split, whose details Natura said is still being evaluated, would be […]

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