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Jul. 19, 2026

Japanese Cosmetics Firm to Liquidate Shanghai Subsidiary on Weak Consumer Demand

Japanese Cosmetics Firm to Liquidate Shanghai Subsidiary on Weak Consumer Demand

A Japanese cosmetics company has decided to close its wholly-owned Shanghai subsidiary, citing a deteriorating market environment in China. This is the latest sign of the challenges facing some foreign consumer brands, as weak domestic demand and... Read more.

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