Posted inAT Finance, China, Hong Kong, Malaysia, World

Beauty is more than skin deep in China – it’s big bucks

There is nothing quite like the aroma of hard cash, especially if the notes are red with a striking portrait of a young Chairman Mao printed on them. For L’Oreal, this yuan cascade has helped boost the French blue-chip brand’s bottom line in the first quarter with Chinese shoppers at the vanguard of high-end perfume […]

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