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.
हमने इस समाचार को संक्षेप में प्रस्तुत किया है ताकि आप इसे तुरंत पढ़ सकें। यदि आप समाचार में रुचि रखते हैं, तो आप पूरा पाठ यहां पढ़ सकते हैं। और पढो: