An Estée Lauder shop in Shanghai. The US company recorded double-digit growth in all product categories in China, led by growth in make-up. Photo: Bloomberg

Will China’s beauty sector lose its glow as growth slows to 30-year low?

  • Estée Lauder crosses US$1 billion in sales and L’Oréal reports 25 per cent growth in sales for quarter ending in December
  • Growth in China’s beauty and personal care sector was down by 1.9 per cent in December 2018
Topic |   China economy

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An Estée Lauder shop in Shanghai. The US company recorded double-digit growth in all product categories in China, led by growth in make-up. Photo: Bloomberg
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