China

Remy Cointreau Cuts Sales Outlook As US, China Weigh On Q2

French spirits maker Remy Contreau on Friday dropped its forecast that its full-year sales would gradually recover after quarterly sales fell more than exp...

Global Food Giants Deepen Price Cuts To Tempt China's Wary Shoppers

International companies such as Danone and Nestle have deepened price cuts or are seeking to boost online shopping volumes to win over China's increasingly...

Stora Enso Sees Slower Forestry Market Recovery After Q3 Profit Miss

Stora Enso missed market expectations for third-quarter operating profit and said it expected the gradual market recovery seen so far this year to slow dow...

Beiersdorf Posts Nine-Month Sales Growth, Flags China Weakness

Nivea maker Beiersdorf has reported an increase in group sales for the first nine months of 2024, but flagged persisting challenges in the Chinese luxury m...

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...