Background / LVMH’s Sephora Cuts Around 10% of Staff in China as Woes Deepen
August 21, 2024
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LVMH’s Sephora Cuts Around 10% of Staff in China as Woes Deepen
The beauty retailer is laying off hundreds of staff in China as it seeks to revitalise its struggling operations in the world’s second-largest economy, while also seeing departures among senior executives.