How Sephora reflects broader challenges facing Western beauty brands in China
Inside Retail
AUGUST 26, 2024
However, the situation Western brands are facing today is much more complex because of two critical weaknesses. “To To further accelerate performance, many of them have relied on discounts and promotions, and kept going deeper, wider and more frequently. Promo-detox is very hard to implement, but the alternative is far more painful.”
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