Which cosmetic companies sell in china

Representative image Small Fast Moving Consumer Goods (FMCG) companies that operate at regional levels are struggling in the face of unprecedented inflation across categories. Several of these companies have witnessed a slump in sales, according to data from Kantar, the data analytics and brand consulting firm, despite the overall categories posting growth. For instance, Ponvandu and Oorvashi, noted South Indian detergent bar brands, lost 17 percent and 8 percent of their sales by volume, respectively, in February, March and April compared to the same period last year, shows data from Kantar. The overall detergent bar category, however, grew 2.3 percent in the period, according to Kantar. Other local brands are in a similar situation. (As shown below) Close Small brands ideally are expected to gain out of inflation, which typically prompts consumer to switch to smaller and cheaper versions when confronted with price hikes in products of daily use. The … [Read more...] about Small FMCG companies struggle despite consumers switching to cheaper products

- A + A (June 27): Chinese stocks extended gains into a fifth week, bringing them close to a bull market, as investors turned increasingly upbeat amid eased pandemic curbs in Shanghai. Tech shares also rallied in Hong Kong to the highest in nearly four months. The recent rebound in Chinese equities, which started in April while stocks elsewhere were still selling off, is gaining momentum thanks to an improving economic outlook as well as persistent monetary and fiscal stimulus. President Xi Jinping's planned visit to Hong Kong is boosting stocks that would benefit from easing pandemic restrictions such as Macau casinos. The benchmark CSI 300 Index gained 1.1%, adding 4% in three sessions, led by consumer shares, as Shanghai's leader declared victory in defending the financial hub against Covid-19 and will this week allow residents to dine in restaurants in some areas deemed lower risk. Drinks maker Eastroc Beverage Group Co and food supplier Yihai Kerry … [Read more...] about China stocks approach bull market as investors catch up on gains

Naveen Kulkarni of Axis Securities The sense on the Street is that India's banking shares could be a big mover over the next 12 months, as all the positives start getting priced in. In conversation with Moneycontrol, Naveen Kulkarni, Chief Investment Officer at Axis Securities also believes that the picture for Indian IT sector 'remains quite complex' at this juncture. He advices investors to be selective, and also to wait for another quarter to understand the changing trends here. Here's the full interaction. Do you think the new-age tech companies will delay their IPO plans, especially after already-listed new-age companies were hit quite badly in the recent turmoil and corrected more than others? The market has changed for technology companies after the significant correction seen on the Nasdaq. As central bankers around the world try to manage the liquidity - which is fuelling global inflation - the cost of funds will continue to rise. This will have the most … [Read more...] about Daily Voice | FII selling may now abate, banks ripe for up move over 12 months

by Tafara Mugwara HWANGE, Zimbabwe, June 27 (Xinhua) -- Speaking through a walkie-talkie, Panashe Shayawabaya - a Chinese language interpreter - delivered instructions to a local employee from a Chinese supervisor at a coal mining site. Inside an open cast pit nearby, deafening sounds from excavators and dump trucks reverberated throughout the pit as the machines extracted and hauled chunks of rock from the earth to expose the coal hidden underneath. Shayawabaya is one of a few Chinese-speaking Zimbabweans who are playing a critical role in facilitating Zimbabwe-China mutual understanding through their Chinese language skills. "I spent about eight years in China, and during my course of that time in China, I learned a lot of Chinese culture, Chinese history, in terms of Chinese food, likes and dislikes," Shayawabaya told Xinhua. Zimbabwe is witnessing an influx of Chinese investments. Language barriers and cultural differences between the two sides mean locals who understand … [Read more...] about Feature: Chinese language interpreters facilitate Zimbabwe-China mutual understanding

HONG KONG (Bloomberg): How does Hong Kong look to people born in the year of the handover - for whom the city has always been under Chinese sovereignty? Some feel their fate is tied to Hong Kong’s, while others feel like bystanders as Beijing tightens its grip. Many plan to leave sooner or later. We spoke to six 24- and 25-year-olds about the Hong Kong they grew up in, and the one they expect to exist in another 25 years. The returning professional "I feel helpless witnessing the changes that Hong Kong has been through,” said Keanne Lee. "At the same time, I want to keep a glimpse of hope alive that the city won’t lose its uniqueness.” Lee studied at a Hong Kong school where lessons are taught in English, then went to university in the UK. She returned to her home city after graduation, where she’s now a marketing executive for an e-commerce company. She has no plans to move abroad permanently in the near future. The growing pressure on school pupils to learn Mandarin is … [Read more...] about HK’s handover generation is caught in China’s whirlwind

Last week, I wrote about how to avoid ending up with inventory you cannot sell . But let's say that's exactly what you have: A garage stacked with boxes of product you thought consumers needed, but have had trouble getting off your hands. In my experience, this is not uncommon. For more than 15 years now, I've been hearing a version of the story below. You have this great idea for a new product you believe everyone wants. So you file a patent application, which, after it issues and all is said and done, ends up costing you about $15,000. You work with a manufacturer overseas to produce the minimum amount required for an order, which runs you between $20,000 and $50,000. You pay a professional to help you set up your website and begin selling on Amazon, which you perceive to be a low-cost course of action. All in all, by the time you're in business, you've made a major financial investment. But without the marketing to back it up, the reality is, finding your … [Read more...] about What to Do With All That Inventory You Can’t Sell

Representative Image Santoor, the sandalwood soap of Wipro Consumer Care and Lighting (WCCL), has become a Rs 2,300 crore plus brand in FY22, its CEO Vineet Agrawal said. The company, which operates in FMCG and lighting products segment, has reported a revenue of Rs 8,634 crore for the financial year ended on March 31, 2022. Though the company is concerned about the inflationary pressure but expects business to improve in FY23 as palm oil prices are softening and the price of crude oil going down. Moreover, demand would be helped by a good monsoon and generation of more employment, he said. While talking about domestic business, Agrawal said: "In India, Santoor continues to do well. It was over Rs 2,300 crore last year and we continue to be the number two brand in terms of soap," Wipro Consumer Care and Lighting CEO Vineet Agrawal told PTI. While talking about domestic business, Agrawal said: "In India, Santoor continues to do well. It is now the leading brand in five … [Read more...] about Santoor becomes Rs 2,300 crore brand, Wipro Consumer FY23 turnover at Rs 8,634 crore

Employees assemble a Mahindra & Mahindra Ltd. XUV 500 sport-utility vehicle (SUV) on the production line at the company's facility in Chakan, Maharashtra, India, on Monday, April 2, 2018. Mahindra & Mahindra is India’s largest SUV maker. Trade Watchlist Portfolio Message Set Alert live bse live nse live Volume Todays L/H More × Robust consumer demand teamed with an ongoing shortage of chips has seen wait times for Mahindra & Mahindra Ltd.’s XUV700 sports utility vehicle balloon to as long as 22 months just as the carmaker unveils the latest model in its big-automobile lineup. Outstanding customer pre-orders for the seven-seater XUV700, which the Indian automaker launched in August, are running to around 70,000, Executive Director Rajesh Jejurikar said in an interview last week. While the chip shortage has eased from a peak late last year, Mahindra is still … [Read more...] about Love of big cars, chip crunch extends wait time for M&M

DoorDash Inc. ( DASH ) opened for trading on the NYSE at 12:43 p.m. on Wednesday, Dec. 9, coming public at $182. The initial public offering (IPO) was priced at $102, but strong demand induced lead underwriters The Goldman Sachs Group, Inc. ( GS ) and JPMorgan Chase & Co. ( JPM ) to offer a higher price. The close at $189.51 translates into a market valuation of $60.2 billion, or about twice as high as rival Uber Technologies, Inc. ( UBER ) on a revenue basis. Key Takeaways DoorDash came public at $182 on Wednesday and closed at $189.51. The IPO opening print can be used to define support or resistance , depending on short-term momentum. This magnetic price level can come into play months or years after a company comes public. The company booked $1.9 billion in revenue in the first nine months of 2020, more than triple the $587 million earned in the same period in 2019. It posted a net loss of $149 million, much lower than last year’s $533 million … [Read more...] about DoorDash (DASH) Opening Print Could Offer Profitable Trades

Share to Twitter Share to Linkedin F or Elon Musk’s acquisition of Twitter to work out as he’d like, Musk must find some way to supersize the company. Its business is long-undersized compared to the platform’s presence in culture and politics. As a model, Musk has set at least some sights on the original so-called super app, WeChat, which is owned by China-based Tencent. In Musk’s first town hall meeting with Twitter employees last week, he directly mentioned WeChat, indicating that building something like it would further his broader goal of nearly quintupling Twitter’s user base to a billion people. “There’s no WeChat equivalent out of China,” he said at the meeting. “There’s a real opportunity to create that.” Much of what Musk says can seem outlandish. (At the meeting, he also discussed the possibility of alien life.) But his thinking about WeChat isn’t, though it is not especially novel. WeChat’s success has tantalized many a Silicon Valley mogul; … [Read more...] about Elon Musk And The Super Alluring Dream For A ‘Super App’