Several retailers have seen share prices tumble
China’s ambitions in the beauty retail sector may be high long-term, but at the moment they’re taking a beating.
Several retailers including Burberry have seen share prices fall heavily as a result of the recent surprise yuan depreciation, making the price of imports costlier for Chinese consumers.
...
This is a small extract of the full article which is available ONLY to premium content subscribers. Subscribers sign-in (top right) to read the article.
Or
Subscribe now to premium content on Cosmetics Business