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

Estée Lauder Cuts Annual Forecasts As China Curbs Drag Demand

Estée Lauder Cos Inc cut its full-year sales and profit forecasts on Wednesday, signalling a hit to sales from persistent COVID-19-related lockdowns...

Unilever Downbeat On Europe, China Consumer Sentiment

Unilever Plc gave a dire assessment of consumer sentiment in Europe and China, two of its key markets, but raised its full year sales forecast as it lifted...

Consumer Prices In China Rise At Fastest Rate Since April 2020

Consumer prices in China rose at the fastest pace since April 2020 in September, driven largely by food costs, limiting the scope for more policy easing to...

Tate & Lyle Expands Sustainable Stevia Programme

Tate & Lyle has expanded its sustainability programme for stevia, a plant-derived and in-demand low-calorie sweetener, by enrolling new farmers in Chin...

Coty Beats Revenue Estimates On Strong Demand For Luxury Beauty Products

Coty Inc on Thursday beat Wall Street expectations for fourth-quarter revenue, as consumers undeterred by inflation-induced steeper prices splurge on luxur...

Estée Lauder Forecasts Dour 2023 Due To China COVID Lockdowns

Estée Lauder Cos Inc has forecast full-year sales and profit below estimates, due to a hit from COVID-19-related lockdowns in major market China.

Starbucks Beats Profit Estimates Despite Hit To China Business

Starbucks Corp has beaten quarterly profit estimates as higher prices and strong demand for its coffees in the United States helped offset a hit to busines...