Shiseido Profits Plummet 73% on Weak China Demand Shiseido, the renowned Japanese owner of popular beauty brands like Nars and Drunk Elephant, has recently been hit hard by a significant drop in profits. The company reported a staggering 73% decrease in its earnings, attributing this sharp decline to weak consumer demand in China. This downturn […]
China targets US companies with new tariffs
China’s Retaliatory Tariffs: A Strategic Move Against US Companies As the trade war between the United States and China continues to escalate, the latest move by the Chinese government involves targeting US companies with new tariffs. This retaliatory measure is seen as a strategic tactic to not only hit back at the US but also […]