PARIS: LVMH-owned beauty retailer Sephora is cutting its workforce in China, the company said on Wednesday, as consumers curb their spending on creams and make-up in the world's No. 2 economy.
But high unemployment and a slump in the property market have hit consumer confidence, with leading cosmetics firms all warning in recent weeks of a significant impact to their China sales.
Resumimos esta notícia para que você possa lê-la rapidamente. Se você se interessou pela notícia, pode ler o texto completo aqui. Consulte Mais informação: