China: latest retail news, insights and analysis | ESM Magazine

Top Brands Pull Out Of Russia, But Their Goods Remain Easy to Find

Despite European, North American and Japanese companies exiting Russia over its actions in Ukraine, the impact on Russian consumers is minimal, although de...

Coty Raises Profit Forecast On Resilient Demand, Price Hikes

Coty Inc has raised full-year profit forecast, betting on price hikes and resilient demand for its fragrances and cosmetics even as inflation pinches consu...

Starbucks Corp Says Sales Drop In China Impacted Profits

Starbucks' quarterly sales decline in China was four times worse than the coffee chain expected and it has no "line of sight" into when business...

Estée Lauder Expects Bigger Drop In Profit On Higher Costs, Slow China Recovery

Estée Lauder Cos Inc has forecast a bigger drop in full-year profit as slow recovery in major market China and higher costs pose risks.

UK Sausage Maker Cranswick Enjoys Strong Festive Sales: Source

British meat producer Cranswick said trading was robust in December, as people thronged supermarkets for gourmet and ready-to-eat meat during the festive s...

McCormick & Company Posts 3% Sales Growth In FY 2022

Spice maker McCormick & Company has posted sales growth of 3% in constant currency in its financial year ended 30 November 2022.

J&J Expects Inflation, China COVID-19 Hit To Carry Into 2023

Johnson & Johnson said it sees the impact from high inflation carrying into 2023 and expects China's major COVID-19 outbreak to dent sales at its medic...

Bakkavor Posts Growth In Line With Expectations In FY 2022

Fresh prepared food maker Bakkavor has reported 10.6% growth in like-for-like revenue in its financial year 2022, driven by price in the UK and volume grow...