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

L'Oréal Misses Third Quarter Sales Expectations As China Buys Less

L'Oréal reported a rise in third quarter sales that missed expectations after low consumer confidence in China sapped demand for beauty products.

Kimberly-Clark Trims Sales Forecast As Consumers Shift To Cheaper Options

Kleenex tissue maker Kimberly-Clark cut its full-year organic net sales forecast after missing Wall Street estimates for third-quarter sales.

P&G Misses Quarterly Sales Estimates On Weakening Demand In US, China

Procter & Gamble missed Wall Street expectations for first-quarter sales as consumers in its major markets switched to cheaper brands.

China Woes Drag Down Pernod Ricard First Quarter Sales

Pernod Ricard said it still expected to return to sales growth in the 2024/25 fiscal year, despite reporting a bigger-than-expected fall in first quarter s...

Procter & Gamble Set To Report Tepid Revenue Growth

Procter & Gamble is set to report muted quarterly revenue growth as its faces rivals competing on price in its two biggest markets, the United States a...

Walgreens To Shut 1,200 Stores As CEO Wentworth Seeks Turnaround

Walgreens Boots Alliance said on it would shut 1,200 stores over the next three years as new CEO Tim Wentworth plots a turnaround at the struggling pharmac...

spiritsEUROPE Calls On European Commission To Seek A ‘Negotiated Solution’ With Chinese Counterparts

spiritsEUROPE, the representative body for the spirits industry at a European level, has urged the European Commission to find a negotiated solution with i...

Buyer’s Brief: Global Dairy Markets In The Spotlight

The dairy industry has always faced market fluctuations, however, an investigation by China could upend the European dairy sector considerably. Nick Peksa...