L’Oreal, the world’s largest beauty group, aims to reduce its reliance on the Chinese market for growth, shifting focus to opportunities in the U.S. CEO Nicolas Hieronimus highlighted a decline in North Asia sales, with China accounting for 17% of total sales. Despite weaker consumer demand in recent quarters, fourth-quarter sales increased to 11.08 billion euros, with U.S. sales rising 1.4% and Hieronimus expressing optimism about the market’s potential for growth.
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17 things Trump and his team did this week
out of the summary. In the third week of his second term, Donald Trump and his team made significant moves, including proposing to "take over" Gaza, planning to put thousands of USAID staff on leave, imposing tariffs on China, pulling back threats on Canada and Mexico, pressing ahead with a plan to incentivize federal workers to resign, and sanctioning the International Criminal Court. These actions have stirred controversy and raised concerns about international law, global...
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