Estée Lauder, the beauty company that owns Clinique and MAC Cosmetics, has cut its dividend and ditched its profit forecast as a sales slump in China deepens, prompting a 20 per cent fall in its ...

L’Oréal, the world’s largest cosmetics company, has done relatively better, but its shares have also fallen 16% in the past ...

"China is projected to become the largest market for personal care and cosmetics products globally in the next five to ten years," it states. Nars is not the only familiar brand to be sold in ...