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CIIE: Cosmetics giant L’Oreal strengthens China supply chain to reduce risk of disruption

SCMP LogoSCMP1w ago

CIIE: Cosmetics giant L’Oreal strengthens China supply chain to reduce risk of disruption - SCMP

Quick Summary:

We are working on this programme of localisation, trying to produce as much as we can, where we can in China,’ executive says.

The company has also adopted technology to help plan for online sales.

The Covid-19 pandemic and wars in Ukraine and the Middle East have disrupted the global supply chain from Europe and the US to North Asia, Gupta said, which prompted the cosmetics giant to re-evaluate its operations.


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Article Details

Author / Journalist: Mia Castagnone

Category: Business

Markets:

Topics:

Source Website Secure: Yes (HTTPS)

News Sentiment: Negative

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-11-08 @ 17:15:14 (1 weeks ago)

News Timezone: GMT +8:00

News Source URL: scmp.com

Language: English

Article Length: 232 words

Reading Time: 2 minutes read

Sentences: 4 lines

Sentence Length: 58 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © SCMP

News ID: 23560959

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Main Topics: Business

Official Website: scmp.com

Update Frequency: 18 posts per day

Year Established: 1903

Headquarters: Hong Kong

News Last Updated: 1 hours ago

Coverage Areas: Hong Kong

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Publisher ID: #42

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