The 10 largest markets for cosmetics, fragrances and toiletries were led by the United States, China and Japan in 2019, according to data exposed by Natura & Co Holding. In total, this sector totaled $ 499.6 billion worldwide in 2019, according to the company, which reports data from
Egypt appointed Abdel-Hamid Mamdouh on Tuesday to compete for the post of Director-General of the World Trade Organization (WTO). Mamdouh faces a candidate from Mexico, Jesús Seade Kuri, and another from Nigeria, Ngozi Okonjo-Iweala, to succeed Brazilian Roberto Azevêdo, who announced that he will resign on August 31,
Natura & Co Holding S.A., driven by the incorporation of Avon, became the number 1 company for Cosmetics, Fragrances and Toiletries (CFT) in Latin America in 2019, with a market share of 11.8 percent. Net revenues of the Natura brand increased by 14.9% in Brazilian reals (+ 12.4%
Mexico’s GDP would be less affected than that of Brazil in 2020 and 2021, according to World Bank projections. While the Mexico’s GDP would fall 7.5% in 2020, that of Brazil would register a decrease of 8%, at an annual rate. The following year, in 2021, Mexico’s GDP
World trade will drop 10-16% in 2020, an analysis by the European Commission projected. In particular, for the bloc (27 nations), the expected reduction is expected to be between 9 and 15% for non-EU27 exports and between 11 and 14% for non-EU imports (combined goods and services). In
China’s exports of products fell 7.7% year-on-year in May to $ 206.81 billion, the China Customs Administration reported. In turn, Chinese merchandise imports totaled $ 143.89 billion, a decrease of 16.7%, at the annual rate. As a result, China’s total merchandise trade was $ 350.7 billion, a decline