After a 1st half-year up by 4.8%, the Chinese cosmetics market continued to show signs of weakness in H2 : -4.1% in July, +9.7% in August, +1.6% in September, +1.1% in October and -3.5% in November (National Bureau of Statistics). This downturn is hurting companies with a high exposure to China, such as LVMH, L’Oréal, Estée Lauder and Shisheido.
Faced with the pressure in property, the building materials and decorations sector continues to plummet Sales fell by 7.8% in the 11 months to 2023, inc
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