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The reason Chinese women are buying less makeup

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L’Oreal, the global cosmetics giant, has defied expectations by reporting robust sales growth, despite a sluggish recovery in the critical Chinese market.

The company’s Q3 2023 financial report revealed a 7% increase in sales compared to the same period last year, signaling resilience in the face of ongoing economic challenges.

Despite concerns about the impact of the pandemic and changing consumer behaviors, L’Oreal’s performance remains strong.

The company’s ability to adapt to evolving market dynamics and consumer preferences has played a pivotal role in maintaining its growth trajectory.

The Asian market, particularly China, has long been a cornerstone of L’Oreal’s global strategy.

However, recent market volatility and the persistence of COVID-19-related disruptions have hindered growth in this region. The slower recovery in China has been attributed to factors such as cautious consumer spending, supply chain interruptions, and increased competition from local brands.

Key factors contributing to L’Oreal’s continued success include a strong digital presence, a diversified product portfolio, and effective marketing strategies.

The company’s e-commerce sales have surged, reflecting the increasing importance of online channels in the cosmetics industry.

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Boeing face delivery delays following guilty criminal charge plea

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Boeing’s deliveries are down after months of controversy, is it because they can’t make the planes, or because airlines right now don’t want them?

Boeing has agreed to plead guilty to a charge of conspiracy to defraud the United States in connection with the investigation into two fatal crashes involving its 737 MAX aircraft.

Boeing reported a significant 27% decrease in deliveries for June compared to the same month last year, possibly attributing the decrease to the companies ongoing controversies.

Aviation expert Geoffrey Thomas joins to discuss. #featured

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Blockchain sparks a transformative influence in Australia

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Professor unveils blockchain’s role in transforming the economy and innovative projects taking place at RMIT University.

Crypto Corner explores the latest market movements, expert insights and the influence of macroeconomic factors on the crypto industry.

Crypto Corner is hosted by Caroline Bowler, CEO of BTC Markets.

In this episode, BTC Markets CEO Caroline Bowler interviews Professor Chris Berg, Director of RMIT Digital3 and Co-Founder of the Blockchain Innovation Hub at RMIT University. They discuss RMIT’s cutting-edge projects and the transformative impact of blockchain technology in Australia.

Professor Berg shares insights into RMIT’s Digital3 philosophy, which combines research, innovation, and collaboration to drive the digital economy. Learn about groundbreaking initiatives in blockchain, cyber security, and AI, and how these disruptive technologies are reshaping business, government, and society.

Discover how RMIT is leading the charge in rethinking and regenerating the way we work through world-class research and tailored education, offering a glimpse into the future of technology and its potential to benefit both the economy and society. #crypto corner

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From $25K to $1.5M in real estate: expert unveils game-changing strategy for investors

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Empower your property investing with these key tips

Wyld Money dives into the world of financial freedom. Whether you’re a seasoned investor or just getting started, join us for actionable tips and tricks to unlock your earning potential, and retire on your own terms.

In this episode, Mark is joined by Dean Fraser, Founder and CEO of BrickFloor. #trending #wyld money

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