Unilever has completed the sale of its Russian subsidiary to Arnest Group, a Russian manufacturer specializing in perfume, cosmetics, and household products.
THE WHAT? E-commerce giant THG has announced it will proceed with the demerger of its Ingenuity division, a move aimed at simplifying the company’s business model. THE DETAILS As part of the process ...
AmorePacific has reported its results for the second quarter of fiscal 2024. The K-beauty behemoth said net sales dropped 4.3 percent yoy to KRW904.75 billion, while operating profit fell 30 percent ...