Beiersdorf Sees Sales Growth Amid Challenges in China

Reported about 1 month ago

Beiersdorf reported a 6.5% rise in sales for the first nine months of 2024, totaling 7.55 billion euros, fueled by strong performance in North America and skincare products. Despite ongoing difficulties in the Chinese luxury market affecting its brand La Prairie, which saw a 7.3% decline in sales, the company is optimistic about a robust fourth quarter and anticipates growth in 2025, particularly in Japan and the U.S.

Source: YAHOO

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